Form 4: Kimbell Royalty Partners VP of Land, Peter Alcorn, Reports Acquisition of Common Units
SEC Form 4 Filing
Peter Alcorn, Vice President of Land at Kimbell Royalty Partners, reported acquiring common units representing limited partner interests and adjustments to his holdings.
Summary
- Peter Alcorn, Vice President Land at Kimbell Royalty Partners, LP, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On February 25, 2025, Alcorn acquired 13,701 common units representing limited partner interests at $0.00.
- Following the transaction, Alcorn directly owns 89,539 common units.
- He also indirectly owns 7,220 common units through his wife and 530 through Alcorn Royalties, LLC, where he is a member.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at Kimbell Royalty Partners.
Stakeholder Impact
- The change in ownership may be of interest to shareholders as it reflects the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Acquisition of common units. |
| 02/27/2025 | Date of signature for the Form 4 filing. |
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