Form 4: Kimbell Royalty VP Alcorn Reports Routine Unit Dispositions

Kimbell Royalty Partners' Vice President Land, Peter Alcorn, reported the disposition of common units for tax withholding purposes.

Summary

• Peter Alcorn, Vice President Land of Kimbell Royalty Partners, LP (KRP), reported multiple dispositions of common units representing limited partner interests.
• On March 3, 2026, 1,302 common units were disposed of at a price of $14.57 per unit.
• On March 4, 2026, two separate dispositions occurred: 1,303 common units and 1,159 common units, both at a price of $14.54 per unit.
• These transactions were marked with a 'F' transaction code, indicating they were dispositions to satisfy tax withholding obligations.
• Following these transactions, Peter Alcorn directly beneficially owns 99,312 common units.
• Additionally, Alcorn indirectly beneficially owns 7,220 common units through his wife and 530 common units through Alcorn Royalties, LLC, where he is a member.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing standard tax-related dispositions of equity compensation by an executive, which is a common and expected occurrence.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider dispositions for tax purposes are common in the industry, especially for executives receiving equity compensation as part of their remuneration packages. These transactions are typically non-discretionary and do not reflect a change in management's outlook on the company's prospects.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine, non-discretionary sales for tax purposes and do not signal a change in company fundamentals or management's confidence.
• Employees, Customers, Suppliers, Creditors: No direct or significant impact from these transactions.

Key Dates

Recommendation

The filing details routine tax-related dispositions of common units by an officer, which does not provide new information to alter an investment thesis. It's a standard event for executives with equity compensation and does not indicate a change in the company's operational or financial performance.

Keywords

Kimbell Royalty Partners, KRP, Form 4, Insider Transaction, Peter Alcorn, Common Units, Tax Withholding, Beneficial Ownership