Form 4: Kimbell Royalty Partners VP of Land, Peter Alcorn, Reports Changes in Beneficial Ownership

Peter Alcorn, Vice President of Land at Kimbell Royalty Partners, reports changes in his beneficial ownership of common units due to tax withholding.

Summary

• Peter Alcorn, Vice President Land at Kimbell Royalty Partners, LP, filed a Form 4 on March 5, 2025, reporting changes in his beneficial ownership of the company's common units.
• The transactions occurred on March 3, 2025, and March 4, 2025, and involved the disposition of common units to cover tax obligations.
• On March 3, 2025, 1,303 common units were disposed of at a price of $15.32.
• Also on March 3, 2025, 1,206 common units were disposed of at a price of $15.32.
• On March 4, 2025, 1,080 common units were disposed of at a price of $14.42.
• Following these transactions, Alcorn directly owns 85,950 common units and indirectly owns 7,750 common units through his wife and Alcorn Royalties, LLC.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in ownership.

Key Dates