Kimbell director disposes units for tax withholding
Kimbell Royalty Partners, LP director Brett G. Taylor reported using common units to satisfy tax obligations tied to equity awards.
Rhea-AI Filing Summary
Kimbell Royalty Partners, LP director Brett G. Taylor reported using common units to satisfy tax obligations tied to equity awards. On March 4, 2026, he disposed of 21,195 and 25,435 common units at $14.54 per unit in tax-withholding transactions, which are not open-market sales. Taylor continues to hold a substantial direct position, and additional common units are held indirectly through entities such as the Brett G. Taylor Royalty Trust, BGT Minerals, LLC, Kimbell GP Holdings, LLC and BRD Royalty Holdings LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 46,630 shares
Exercise Price or Tax Liability
6 txns
Insider
Taylor Brett G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common units representing limited partner interests | 21,195 | $14.54 | $308K |
| Exercise Price or Tax Liability | Common units representing limited partner interests | 25,435 | $14.54 | $370K |
| holding | Common units representing limited partner interests | -- | -- | -- |
| 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 — 641,561 shares (Direct);
Common units representing limited partner interests — 353,519 shares (Indirect, See footnote)
Footnotes (4)
- F1. These Common Units are owned directly by the Brett G. Taylor Royalty Trust. The reporting person is the sole trustee and sole beneficiary of the Brett G. Taylor Royalty Trust.
- F2. These Common Units are owned directly by BGT Minerals, LLC. The reporting person is the sole member of BGT Minerals, LLC.
- F3. These Common Units are owned directly by Kimbell GP Holdings, LLC. The reporting person is the sole member of BGT Investments LLC, a member of Kimbell GP Holdings, LLC.
- F4. These Common Units are owned directly by BRD Royalty Holdings LLC. The reporting person is the sole member of BRD Royalty Holdings LLC.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KRP director Brett G. Taylor report?
Brett G. Taylor reported tax-related dispositions of Kimbell Royalty Partners common units. On March 4, 2026, he used units to cover tax obligations tied to equity awards rather than selling them in the open market, reflecting an administrative transaction instead of a discretionary trade.
How many KRP common units were used for tax withholding by Brett G. Taylor?
Brett G. Taylor used 21,195 and 25,435 Kimbell Royalty Partners common units for tax withholding. Both transactions occurred at $14.54 per unit in connection with equity awards, reflecting payment of tax liabilities by delivering securities instead of paying cash.
What was the transaction code and nature of Brett G. Taylor’s KRP unit dispositions?
Both Kimbell Royalty Partners transactions used code F, indicating tax-withholding dispositions. This means units were delivered to satisfy exercise price or tax liabilities arising from equity compensation, rather than representing open-market purchases or sales of common units by the director.
Does Brett G. Taylor still hold KRP units after the tax-withholding transactions?
Yes, Brett G. Taylor continues to hold Kimbell Royalty Partners common units after the tax-withholding dispositions. He retains a direct ownership stake and also has indirect holdings through entities such as a personal royalty trust and several LLCs associated with his interests.
How does Brett G. Taylor indirectly hold KRP common units?
Brett G. Taylor indirectly holds Kimbell Royalty Partners common units through related entities. These include the Brett G. Taylor Royalty Trust, BGT Minerals, LLC, Kimbell GP Holdings, LLC and BRD Royalty Holdings LLC, where he is described as sole trustee, sole member, or a controlling member.
Is Brett G. Taylor a director or officer at Kimbell Royalty Partners (KRP)?
Brett G. Taylor is identified as a director of Kimbell Royalty Partners, LP. The filing does not list him as an officer, and it does not classify him as a ten percent owner, but it shows both direct and indirect holdings of the partnership’s common units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
