Kimbell Royalty CFO logs tax-share dispositions
Kimbell Royalty Partners, LP insider Robert Davis Ravnaas, President and CFO, reported several transactions in common units representing limited partner interests.
Rhea-AI Filing Summary
Kimbell Royalty Partners, LP insider Robert Davis Ravnaas, President and CFO, reported several transactions in common units representing limited partner interests. On March 3 and 4, 2026, he reported three code F transactions, each described as a tax-withholding disposition, covering 27,054, 32,464 and 20,870 common units at prices of $14.54 and $14.57 per unit.
After these dispositions, he directly held 1,140,743 common units as of the latest reported date. Additional common units are held indirectly through the GRR 2025 Trust, Westside Energy, LLC and Princeton Royalties, LLC, entities in which he has roles as co-trustee or member according to the footnotes.
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Insider Trade Summary
Exercise Price or Tax Liability: 80,388 shares
Exercise Price or Tax Liability
6 txns
Insider
Ravnaas Robert Davis
Role
President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common units representing limited partner interests | 27,054 | $14.54 | $393K |
| Exercise Price or Tax Liability | Common units representing limited partner interests | 32,464 | $14.54 | $472K |
| Exercise Price or Tax Liability | Common units representing limited partner interests | 20,870 | $14.57 | $304K |
| holding | Common units representing limited partner interests | -- | -- | -- |
| holding | Common units representing limited partner interests | -- | -- | -- |
| holding | Common units representing limited partner interests | -- | -- | -- |
Holdings After Transaction:
Common units representing limited partner interests — 1,140,743 shares (Direct);
Common units representing limited partner interests — 290,022 shares (Indirect, See footnote)
Footnotes (3)
- F1. These common units representing limited partner interests in Kimbell Royalty Partners, LP ("Common Units") are held by the GRR 2025 Trust. The reporting person is co-trustee of the GRR 2025 Trust and retains co-investment authority over the Common Units held by such trust. The GRR 2025 Trust is also a member of Westside Energy, LLC and as a result is deemed to beneficially own its pro rata portion of the Common Units that are held directly by Westside Energy, LLC.
- F2. These common units representing limited partner interests in Kimbell Royalty Partners, LP ("Common Units") are owned directly by Westside Energy, LLC. The reporting person is a member of Westside Energy, LLC.
- F3. These Common Units are owned directly by Princeton Royalties, LLC. The reporting person is a member of Westside Energy, LLC, a member of Princeton Royalties, LLC.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KRP executive Robert Davis Ravnaas report?
Robert Davis Ravnaas reported three code F tax-withholding dispositions in Kimbell Royalty Partners common units, involving 27,054, 32,464 and 20,870 units at prices of $14.54 and $14.57 per unit. These transactions satisfied tax obligations by delivering units instead of cash.
How many Kimbell Royalty Partners (KRP) units does Ravnaas hold directly after the Form 4?
After the latest reported tax-withholding disposition, Robert Davis Ravnaas directly held 1,140,743 common units representing limited partner interests in Kimbell Royalty Partners. This figure reflects his direct ownership position following the March 3 and March 4, 2026 transactions disclosed in the filing.
What does transaction code F mean in the KRP Form 4 filing?
Transaction code F in this Form 4 is described as a payment of exercise price or tax liability by delivering securities. For Kimbell Royalty Partners, Ravnaas used common units to cover tax-withholding obligations rather than selling units in an open-market transaction.
Are any of Robert Davis Ravnaas’ KRP units held indirectly through other entities?
Yes. Footnotes state that additional Kimbell Royalty Partners common units are held by the GRR 2025 Trust, Westside Energy, LLC and Princeton Royalties, LLC. Ravnaas is co-trustee of the GRR 2025 Trust and a member of Westside Energy, LLC, which is also a member of Princeton Royalties, LLC.
What role does the GRR 2025 Trust play in Ravnaas’ KRP holdings?
The GRR 2025 Trust holds common units of Kimbell Royalty Partners and is a member of Westside Energy, LLC. Ravnaas is co-trustee and retains co-investment authority over units held by the trust, which is deemed to beneficially own its pro rata portion of units held by Westside Energy.
How are Kimbell Royalty Partners units held by Westside Energy and Princeton Royalties described?
Footnotes explain that some common units are owned directly by Westside Energy, LLC, and others by Princeton Royalties, LLC. Ravnaas is a member of Westside Energy, which is itself a member of Princeton Royalties, indicating his indirect beneficial interests through these entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
