| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KRP | Common units representing limited partner interests | Tax liability | -$497K | -31.7K | -6.09% | $15.65 | 489K | Mar 3, 2024 | Direct | |
| transaction | KRP | Common units representing limited partner interests | Tax liability | -$304K | -19.4K | -3.97% | $15.65 | 470K | Mar 4, 2024 | Direct | |
| transaction | KRP | Common units representing limited partner interests | Sale | -$350K | -22.3K | -5.26% | $15.68 | 403K | Mar 1, 2024 | See footnote | F1, F2, F3 |
| transaction | KRP | Common units representing limited partner interests | Sale | -$348K | -22.3K | -5.55% | $15.59 | 380K | Mar 4, 2024 | See footnote | F3, F4, F5 |
| transaction | KRP | Common units representing limited partner interests | Sale | -$467K | -30.1K | -7.91% | $15.53 | 350K | Mar 5, 2024 | See footnote | F3, F6, F7 |
| holding | KRP | Common units representing limited partner interests | 28K | Mar 1, 2024 | See footnote | F8 | |||||
| holding | KRP | Common units representing limited partner interests | 10K | Mar 1, 2024 | See footnote | F9 | |||||
| holding | KRP | Common units representing limited partner interests | 2.17K | Mar 1, 2024 | See footnote | F10 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The price reported in Column 4 is a weighted average price. These common units representing limited partner interests of Kimbell Royalty Partners, LP ("Common Units") were sold in multiple transactions ranging from $15.6479 to $15.7200. The reporting person undertakes to provide Kimbell Royalty Partners, LP ("KRP"), any security holder of KRP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in footnote 1 to this Form 4. |
| F2 | The reported sale of 22,327 Common Units occurred pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2023 |
| F3 | These Common Units are owned directly by the Brett G. Taylor Royalty Trust. The reporting person is the sole trustee and sole beneficiary of the Brett G. Taylor Royalty Trust. |
| F4 | The price reported in Column 4 is a weighted average price. These Common Units were sold in multiple transactions ranging from $15.5100 to $15.6500. The reporting person undertakes to provide KRP, any security holder of KRP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in footnote 4 to this Form 4. |
| F5 | The reported sale of 22,326 Common Units occurred pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2023. |
| F6 | The price reported in Column 4 is a weighted average price. These Common Units were sold in multiple transactions ranging from $15.5000 to $15.5853. The reporting person undertakes to provide KRP, any security holder of KRP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Units sold at each separate price within the range set forth in footnote 6 to this Form 4. |
| F7 | The reported sale of 30,088 Common Units occurred pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2023. |
| F8 | These Common Units are owned directly by BGT Minerals, LLC. The reporting person is the sole member of BGT Minerals, LLC. |
| F9 | These Common Units are owned directly by Kimbell GP Holdings, LLC. The reporting person is the sole member of BGT Investments LLC, a member of Kimbell GP Holdings, LLC. |
| F10 | These Common Units are owned directly by BRD Royalty Holdings LLC. The reporting person is the sole member of BRD Royalty Holdings LLC. |