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Natural Resource Partners (NRP) chairman adjusts reported indirect unit ownership

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(Neutral)
Filing Sentiment
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Form Type
4

Rhea-AI Filing Summary

Natural Resource Partners LP insider Corbin J. Robertson Jr., who serves as chairman, CEO, director and a 10% owner, reported an update to his indirect holdings of the company’s common units. On 12/31/2025, an entity he controls transferred 794 common units to a third party as a distribution, with no price reported for the units.

Following this transaction, he is reported as indirectly beneficially owning 719,475 common units through Quintana Holdings LP, 1,727,986 common units through Western Pocahontas Properties Limited Partnership, and 156,000 common units through NRP (GP) LP. In each case he states that he controls the relevant general partner or managing entity and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Positive

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Insider ROBERTSON CORBIN J JR
Role Chairman and CEO
Type Security Shares Price Value
Other COMMON UNITS 794 $0.00 --
holding COMMON UNITS -- -- --
holding COMMON UNITS -- -- --
Holdings After Transaction: COMMON UNITS — 719,475 shares (Indirect, BY QUINTANA HOLDINGS LP)
Footnotes (1)
  1. Units were transferred to a third party pursuant to distribution from an entity controlled by Corbin J. Robertson Jr. and in which the third party owned an interest. Quintana Holdings LP is a limited partnership controlled by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The general partner of Western Pocahontas Properties Limited Partnership is Western Pocahontas GP LLC, a limited liability company controlled by the reporting person. The reporting person also holds indirect limited partner interests in Western Pocahontas Properties Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The general partner of NRP (GP) LP is GP Natural Resource Partners LLC, which is wholly owned by Robertson Coal Management, a limited liability company controlled by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Form 4 Insider Transactions: What Each Field Means →
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*
ROBERTSON CORBIN J JR
(Last) (First) (Middle)
1415 LOUISIANA STREET, SUITE 2400
(Street)
HOUSTON TX 77002
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NATURAL RESOURCE PARTNERS LP [ NRP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
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 12/31/2025 J(1) 794 D $0 719,475 I BY QUINTANA HOLDINGS LP(2)
COMMON UNITS 1,727,986 I BY WESTERN POCAHONTAS PROPERTIES LIMITED PARTNERSHIP(3)
COMMON UNITS 156,000 I BY NRP (GP) LP(4)
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. Units were transferred to a third party pursuant to distribution from an entity controlled by Corbin J. Robertson Jr. and in which the third party owned an interest.
2. Quintana Holdings LP is a limited partnership controlled by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
3. The general partner of Western Pocahontas Properties Limited Partnership is Western Pocahontas GP LLC, a limited liability company controlled by the reporting person. The reporting person also holds indirect limited partner interests in Western Pocahontas Properties Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
4. The general partner of NRP (GP) LP is GP Natural Resource Partners LLC, which is wholly owned by Robertson Coal Management, a limited liability company controlled by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
/s/ CORBIN J ROBERTSON JR 01/05/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did NRP report for Corbin J. Robertson Jr.?

NRP reported that Corbin J. Robertson Jr. had 794 common units of Natural Resource Partners LP transferred on 12/31/2025 to a third party as a distribution from an entity he controls.

What is Corbin J. Robertson Jr.’s role at Natural Resource Partners LP (NRP)?

He is reported as a director, a 10% owner, and an officer of Natural Resource Partners LP, serving as Chairman and CEO.

How many NRP common units does Corbin J. Robertson Jr. indirectly own through Quintana Holdings LP?

After the reported transaction, he indirectly beneficially owns 719,475 common units of Natural Resource Partners LP through Quintana Holdings LP, which he controls.

How many NRP units are indirectly held through Western Pocahontas Properties Limited Partnership?

The filing shows 1,727,986 common units of Natural Resource Partners LP indirectly beneficially owned through Western Pocahontas Properties Limited Partnership, whose general partner is controlled by him.

What indirect NRP holdings are reported through NRP (GP) LP?

The report lists 156,000 common units of Natural Resource Partners LP indirectly beneficially owned through NRP (GP) LP, whose general partner is ultimately controlled by Corbin J. Robertson Jr.

Does Corbin J. Robertson Jr. claim full beneficial ownership of all reported NRP units?

No. For units held through Quintana Holdings LP, Western Pocahontas Properties Limited Partnership, and NRP (GP) LP, he disclaims beneficial ownership except to the extent of his pecuniary interest in each entity.

Was the reported NRP insider transaction part of a derivative or option exercise?

No derivative securities are reported. The filing’s Table II for derivative securities shows no derivative transactions for this reporting period.