Form 4: Kimbell Royalty Partners Director Brett G. Taylor Reports Changes in Beneficial Ownership

Director Brett G. Taylor reports changes in beneficial ownership of Kimbell Royalty Partners, LP common units due to tax withholding.

Summary

• On March 3rd and 4th, 2025, Brett G. Taylor, a director of Kimbell Royalty Partners, LP, had common units representing limited partner interests disposed of due to tax withholding.
• On March 3rd, 2025, 13,801 common units were disposed of at a price of $15.32, resulting in a beneficial ownership of 650,161 units.
• Also on March 3rd, 2025, an additional 18,652 common units were disposed of at $15.32, resulting in a beneficial ownership of 631,509 units.
• On March 4th, 2025, 21,196 common units were disposed of at $14.42, resulting in a beneficial ownership of 610,313 units.
• Taylor also indirectly owns 249,030 common units through the Brett G. Taylor Royalty Trust, 27,999 units through BGT Minerals, LLC, 10,000 units through Kimbell GP Holdings, LLC, and 2,172 units through BRD Royalty Holdings LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing indicating changes in ownership due to tax obligations, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in the oil and gas royalty sector.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The transactions are related to tax withholding, which is a common occurrence when equity is part of compensation.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they relate to tax withholding on existing equity holdings.

Key Dates