Form 4: Kimbell Royalty Partners CFO Reports Gift of Common Units

Robert Davis Ravnaas, President and CFO of Kimbell Royalty Partners, reports a gift of common units and updates to his beneficial ownership.

Summary

• Robert Davis Ravnaas, the President and CFO of Kimbell Royalty Partners, filed a Form 4 detailing changes in his beneficial ownership of the company's common units.
• On May 14, 2025, Ravnaas received 219,450 common units as a bona fide gift to the GRR 2025 Trust, for which he serves as co-trustee.
• Following the transaction, Ravnaas indirectly owns 219,450 common units through the GRR 2025 Trust, and directly owns 1,039,631 common units.
• He also indirectly owns 34,943 common units through Westside Energy, LLC and 684 common units through Princeton Royalties, LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a change in ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It is common for executives to receive or transfer shares as part of compensation or estate planning.

Stakeholder Impact

• The change in ownership may be of interest to shareholders, but is unlikely to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Common Units, Kimbell Royalty Partners, Ravnaas, GRR 2025 Trust, Westside Energy LLC, Princeton Royalties LLC