Kimbell Royalty Partners (NYSE: KRP) COO receives 112,200 units

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP reported that Chief Operating Officer Matthew S. Daly acquired 112,200 common units representing limited partner interests on February 24, 2026 through a grant or award at a price of $0.00 per unit. Following this award, his direct holdings increased to 795,043 common units, reflecting a larger equity stake tied to his executive role.

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^*

Daly Matthew 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)

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

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		112,200	A	$0.00	795,043	D

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:

	/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 insider transaction did Kimbell Royalty Partners (KRP) report for Matthew S. Daly?

Kimbell Royalty Partners reported that Chief Operating Officer Matthew S. Daly received a grant of 112,200 common units. The units represent limited partner interests and were awarded at a price of $0.00 per unit as part of a non-derivative acquisition.

How many KRP units does Matthew S. Daly own after this Form 4 transaction?

After the reported grant, Matthew S. Daly directly holds 795,043 common units of Kimbell Royalty Partners. This total reflects his ownership immediately following the 112,200-unit award disclosed in the Form 4 insider trading report.

Was the KRP insider transaction a market purchase or a grant to Matthew S. Daly?

The transaction was a grant or award to Matthew S. Daly, not a market purchase. The Form 4 classifies it under code A, indicating a grant, award, or other acquisition at a stated price of $0.00 per common unit.

What type of security did Matthew S. Daly acquire from Kimbell Royalty Partners (KRP)?

Matthew S. Daly acquired common units representing limited partner interests in Kimbell Royalty Partners. These are non-derivative securities, meaning they are direct equity units rather than options, warrants, or other derivative instruments linked to the partnership.

Does the KRP Form 4 show Matthew S. Daly buying or selling units on the market?

The Form 4 does not show market buying or selling by Matthew S. Daly. It reports a non-derivative acquisition classified as a grant or award, with 112,200 common units received at a transaction price of $0.00 per unit.