Director Mitch Wynne granted 40,791 Kimbell Royalty (KRP) common units

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP director Mitch S. Wynne reported an award of 40,791 common units representing limited partner interests on 2026-02-24. The units were acquired at a stated price of $0.0000 per unit as a grant or similar award, bringing his directly held units to 309,254.

He also reports indirect ownership of additional common units, including 5,000, 4,000 and 4,000 units. Footnotes state these indirect holdings are through Kimbell GP Holdings, LLC, an IRA for his benefit, and the David Mitchell Wynne Asset Trust, where he serves as trustee.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wynne Mitch S.

(Last) (First) (Middle)

777 TAYLOR STREET, SUITE 810

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kimbell Royalty Partners, LP [ KRP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common units representing limited partner interests	02/24/2026		A		40,791	A	$0.00	309,254	D
Common units representing limited partner interests								5,000	I	See footnote(1)
Common units representing limited partner interests								4,000	I	See footnote(2)
Common units representing limited partner interests								4,000	I	See footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These Common Units are held directly by Kimbell GP Holdings, LLC. The reporting person is a member of Double Eagle Interests, LLC, a member of Kimbell GP Holdings, LLC.

2. These Common Units are held directly by an IRA for the benefit of the reporting person.

3. These Common Units are held directly by the David Mitchell Wynne Asset Trust. The reporting person is the trustee of the David Mitchell Wynne Asset Trust.

	/s/ Jamie L. Hayes, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Mitch S. Wynne report in Kimbell Royalty Partners (KRP) Form 4?

Mitch S. Wynne reported receiving 40,791 common units of Kimbell Royalty Partners as a grant or similar award. The units were acquired at a stated price of $0.0000 per unit, increasing his directly held position to 309,254 common units.

How many Kimbell Royalty Partners (KRP) units does Mitch S. Wynne own after this Form 4?

After the reported grant, Mitch S. Wynne directly holds 309,254 common units of Kimbell Royalty Partners. He also reports indirect ownership of 5,000, 4,000, and 4,000 units through an LLC, an IRA, and a family trust, according to the filing footnotes.

Was the Kimbell Royalty Partners (KRP) Form 4 transaction a market purchase or a grant?

The Form 4 shows a grant or award acquisition, not a market purchase. Code “A” is used for the 40,791 common units, described as a grant, award, or other acquisition at a stated price of $0.0000 per unit to director Mitch S. Wynne.

What indirect holdings of Kimbell Royalty Partners (KRP) units does Mitch S. Wynne report?

Mitch S. Wynne reports indirect ownership of several Kimbell Royalty Partners common unit positions. Footnotes state units are held by Kimbell GP Holdings, LLC, an IRA for his benefit, and the David Mitchell Wynne Asset Trust, where he serves as trustee, totaling multiple small blocks.

What security is involved in Mitch S. Wynne’s Kimbell Royalty Partners (KRP) Form 4?

All reported positions involve common units representing limited partner interests of Kimbell Royalty Partners. The primary transaction is an award of 40,791 such units, with additional directly and indirectly held common units disclosed in the ownership tables and related footnotes.