Form 4: Brett G. Taylor Reports Acquisition of Kimbell Royalty Partners Units
SEC Form 4
Director Brett G. Taylor reports acquiring 193,904 common units of Kimbell Royalty Partners, LP at $0.00, increasing his direct holdings to 663,962 units.
Summary
- On February 25, 2025, Brett G. Taylor, a director of Kimbell Royalty Partners, LP, acquired 193,904 common units representing limited partner interests.
- The acquisition price was $0.00 per unit.
- Following the transaction, Taylor directly owns 663,962 common units.
- Taylor also indirectly owns 249,030 units through the Brett G. Taylor Royalty Trust, where he is the sole trustee and beneficiary.
- Additionally, he indirectly owns 27,999 units through BGT Minerals, LLC, 10,000 units through Kimbell GP Holdings, LLC, and 2,172 units through BRD Royalty Holdings LLC.
- Taylor is the sole member of each of these LLCs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition increases Brett G. Taylor's stake in Kimbell Royalty Partners, demonstrating confidence in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company directors and officers.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Acquisition of 193,904 common units. |
| 02/27/2025 | Date of filing: Form 4 filing date. |
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