Kimbell Royalty (KRP) awards controller 42,375 common units

Rhea-AI Filing Summary

Rhynsburger Blayne reported acquisition or exercise transactions in this Form 4 filing.

Kimbell Royalty Partners, LP reported that its Controller, Blayne Rhynsburger, received an award of 42,375 common units representing limited partner interests on February 24, 2026. The units were granted at $0.00 per unit, increasing the Controller’s directly held stake to 86,038 common 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

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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^*

Rhynsburger Blayne

(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)
	Controller

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		42,375	A	$0.00	86,038	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.

FAQ

What did KRP disclose in the latest Form 4 for Blayne Rhynsburger?

Kimbell Royalty Partners disclosed that Controller Blayne Rhynsburger received a grant of 42,375 common units. The award was reported as a non-derivative acquisition, increasing his directly held common units to 86,038 following the transaction on February 24, 2026.

How many KRP common units were granted to the Controller in this filing?

The filing shows a grant of 42,375 common units representing limited partner interests. These units were acquired through a grant or award transaction, coded as “A,” with a stated price of $0.00 per unit, indicating a compensatory or similar non-cash award to the Controller.

What is Blayne Rhynsburger’s KRP ownership after the Form 4 transaction?

After the reported transaction, Blayne Rhynsburger directly owns 86,038 common units. This total reflects his holdings following the 42,375-unit award reported in the Form 4, which lists the ownership type as direct and the security as common units.

Was the KRP Form 4 transaction a market purchase or a grant?

The Form 4 describes the transaction as a grant or award acquisition rather than a market purchase. It uses transaction code “A” and reports a price of $0.00 per unit, indicating the units were awarded to the Controller instead of being bought in the market.

What role does the reporting person hold at Kimbell Royalty Partners (KRP)?

The reporting person, Blayne Rhynsburger, is identified as an officer of Kimbell Royalty Partners with the title of Controller. The Form 4 links this officer position to the awarded 42,375 common units, which increased his total directly held units to 86,038.