Kimbell Royalty (NYSE: KRP) director receives grant of 14,108 units

Rhea-AI Filing Summary

Kimbell Royalty Partners, LP director Craig Stone reported an equity award on a Form 4. He acquired 14,108 common units representing limited partner interests at a stated price of $0.00 per unit. Following this grant, his direct holdings increased to 90,296 common units.

Insider Trade Summary

Net Buyer: 14,108 shares

Net Buy 1 txn

Insider Stone Craig

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common units representing limited partner interests	14,108	$0.00	$0.00

Holdings After Transaction: Common units representing limited partner interests — 90,296 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/26/2026 - 05:01 PM Learn about SEC filing dates

FAQ

What insider transaction did Kimbell Royalty Partners (KRP) report for Craig Stone?

Kimbell Royalty Partners reported that director Craig Stone received an equity award of common units. He was granted 14,108 common units representing limited partner interests, increasing his direct ownership to 90,296 common units as disclosed in the Form 4 insider transaction filing.

How many KRP common units did Craig Stone acquire in this Form 4 filing?

Craig Stone acquired 14,108 common units representing limited partner interests in Kimbell Royalty Partners. The Form 4 describes this as a grant or award-type acquisition, meaning the units were awarded to him rather than purchased in an open-market transaction.

What is Craig Stone’s total KRP unit ownership after this reported grant?

After the reported grant, Craig Stone directly owns 90,296 common units of Kimbell Royalty Partners. This post-transaction total reflects the addition of 14,108 awarded units, as specified in the Form 4 insider ownership table following the acquisition.

Did Craig Stone pay a purchase price for the KRP units reported on this Form 4?

The filing shows a transaction price of $0.00 per common unit for Craig Stone’s award. This indicates the 14,108 common units were granted to him as compensation or an award, rather than bought for cash in the market.

Is the Craig Stone KRP Form 4 transaction a sale of units?

The Craig Stone Form 4 transaction is not a sale of units. It is coded as an “A” transaction, described as a grant, award, or other acquisition of 14,108 common units, increasing his total direct holdings to 90,296 units after the 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^*

Stone Craig

(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		14,108	A	$0.00	90,296	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.