Form 4: Kimbell Royalty Partners Director Wynne Sells 22,000 Common Units
SEC Form 4 Filing
Director Mitch S. Wynne of Kimbell Royalty Partners, LP, reports the sale of 22,000 common units at $13.77 per unit on March 12, 2025.
Summary
- On March 12, 2025, Mitch S. Wynne, a director of Kimbell Royalty Partners, LP, sold 22,000 common units representing limited partner interests.
- The sale price was $13.77 per unit.
- Following the transaction, Wynne directly owns 268,463 common units.
- Wynne also indirectly owns 5,000 common units through Kimbell GP Holdings, LLC, 4,000 units through an IRA, and 4,000 units through the David Mitchell Wynne Asset Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company directors and officers.
Stakeholder Impact
- The sale of shares by a director may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction: Sale of 22,000 common units. |
| 03/17/2025 | Date of signature for the Form 4 filing. |
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