Kimbell Royalty Partners (NYSE: KRP) COO disposes units for taxes

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP Chief Operating Officer Matthew S. Daly reported three Form 4 transactions involving common units representing limited partner interests. On March 3–4, 2026, he disposed of units as tax-withholding dispositions at prices around $14.54–$14.57 per unit, leaving 747,829 units owned directly after the final transaction.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
03/03/2026

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	03/03/2026		F		10,420	D	$14.57	784,623	D
Common units representing limited partner interests	03/04/2026		F		16,724	D	$14.54	767,899	D
Common units representing limited partner interests	03/04/2026		F		20,070	D	$14.54	747,829	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	03/05/2026
	** 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 transactions did Kimbell Royalty Partners (KRP) report for Matthew S. Daly?

Kimbell Royalty Partners reported three Form 4 transactions for COO Matthew S. Daly. These were tax-withholding dispositions of common units on March 3–4, 2026, executed at prices around $14.54–$14.57 per unit, affecting his directly held ownership position.

How many Kimbell Royalty Partners (KRP) units were involved in Matthew Daly’s latest Form 4?

The Form 4 shows three separate tax-withholding dispositions of Kimbell common units. Individual transactions covered 10,420 units, 16,724 units, and 20,070 units, each representing payment of tax liabilities by delivering units instead of cash, as reflected in the filing’s transaction details.

What type of insider transaction is code F in the KRP Form 4 for Matthew Daly?

Transaction code F in Matthew Daly’s KRP Form 4 indicates a tax-withholding disposition. The filing describes these as payments of exercise price or tax liability by delivering securities, meaning units were used to satisfy obligations rather than being sold in a typical open-market transaction.

What is Matthew S. Daly’s Kimbell Royalty Partners ownership after these transactions?

After the reported transactions, Matthew S. Daly directly owns 747,829 common units of Kimbell Royalty Partners. This figure comes from the final line of the Form 4 transactions table, which states the total number of units held following the last tax-withholding disposition.

Were Matthew Daly’s KRP transactions classified as buys or sells?

The KRP Form 4 classifies Matthew Daly’s transactions as tax-withholding dispositions, not traditional buys or sells. They are coded F, with the description indicating payment of tax liability by delivering units, and the direction is recorded as dispositions rather than open-market sales or purchases.