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Kimbell Royalty (NYSE: KRP) director sells 35,000 partnership units

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP director Mitch S. Wynne reported an open-market sale of 35,000 common units on March 2, 2026 at an average price of $14.48 per unit. This transaction represents a net sale of units.

After the sale, Wynne directly holds 274,254 common units. He also reports indirect holdings of common units in three separate positions of 5,000, 4,000, and 4,000 units through entities including an LLC, an IRA, and a trust.

Positive

  • None.

Negative

  • None.
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*
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)
03/02/2026
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 03/02/2026 S 35,000 D $14.48 274,254 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 03/03/2026
** 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 KRP director Mitch S. Wynne report?

Mitch S. Wynne reported selling 35,000 Kimbell Royalty Partners common units in the open market. The sale occurred on March 2, 2026, at an average price of $14.48 per unit, according to his Form 4 filing.

At what price did Mitch S. Wynne sell KRP common units?

He sold the KRP common units at an average price of $14.48 per unit. This price reflects an open-market sale of 35,000 common units representing limited partner interests reported on March 2, 2026.

How many Kimbell Royalty Partners units does Mitch S. Wynne hold after the sale?

After the sale, Mitch S. Wynne directly holds 274,254 KRP common units. He also reports three indirect positions of 5,000, 4,000, and 4,000 units through an LLC, an IRA, and a trust structure.

Was Mitch S. Wynne’s KRP transaction an open-market sale or another type?

The transaction was an open-market sale of KRP common units. The Form 4 identifies it with code S, meaning a sale in the open market or a private transaction, at an average price of $14.48 per unit.

Does Mitch S. Wynne have indirect ownership of KRP units?

Yes, he reports indirect ownership of KRP units through multiple entities. These include Kimbell GP Holdings, LLC, an IRA for his benefit, and the David Mitchell Wynne Asset Trust, holding several thousand common units in total.
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