UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

~~October~~December 2921, 2021

KIEWIT ROYALTY TRUST

(Exact name of registrant as specified in its charter)

Nebraska

000-10810

47-6131402

(State or other jurisdiction of

incorporation)

(Commission File

Number)

(IRS Employer

Identification No.)

Trust Division U.S. Bank National Association 1700 Farnam Street Omaha, Nebraska	68102
(Address of principal executive offices)	(Zip Code)

(402) 536-5100

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbol(s)		Name of each exchange on which registered:
None		None		None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

~~Explanatory~~Item ~~Note~~5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~The~~ Kiewit Royalty Trust (the “Trust”) ~~was~~is ~~established~~administered by aofficers ~~trust~~and ~~indenture~~employees ~~agreement~~of (U.S. Bank, N.A., which serves as the “sole trustee of the Trust ~~Indenture”~~(the "Trustee"). The ~~originally~~Trust ~~dated~~does ~~May~~not ~~17,~~have ~~1982,~~a asprincipal ~~amended,~~financial ~~between Peter~~or ~~Kiewit~~chief ~~Sons’,~~accounting ~~Inc.,~~officer ~~(the~~or ~~“Trustor”)~~any other officers, and ~~Omaha~~officers ~~National~~of ~~Bank,~~the ~~Omaha,~~Trustee ~~Nebraska.~~are ~~U.S.~~from time ~~Bank~~to ~~National~~time ~~Association is~~designated to perform the ~~current~~certain ~~acting~~necessary ~~Trustee~~functions of the Trust, ~~(the~~although “there are no specific persons employed by the Trustee~~”).~~ having the full-time duty of administering the Trust.

~~The~~As ~~Trust~~previously ~~owns~~reported, ~~royalty~~G. ~~interests~~Rosanna ~~and~~Moore, ~~overriding~~JD was ~~royalty~~performing ~~interests~~the innecessary ~~four~~functions ~~coal~~of ~~mine~~the ~~leases. The~~ Trust ison abehalf ~~ministerial~~of ~~trust which distributes~~ the ~~available~~Trustee ~~revenues~~until ~~from~~her ~~these coal mines to its Unitholders~~resignation. ~~The~~Ms ~~coal~~Moore ~~industry~~served ~~has~~in ~~struggled~~that inposition ~~recent~~from October ~~years~~28, ~~resulting~~2019-December in21, ~~only~~2021. ~~two~~Ms. ofMoore ~~the~~has ~~four~~relocated ~~coal~~in ~~mines~~order ~~generating~~to ~~royalty payments~~pursue ~~for~~other ~~the~~career ~~benefit of the Trust~~opportunities.

~~The~~In ~~Trust~~light ~~Indenture~~of ~~contemplates~~Ms. ~~termination~~Moore's resignation, the Trustee appointed Amy M. Chesnut, age 36, to act as Ms. Moore's successor to perform the necessary functions of the Trust ~~due~~on tobehalf ~~insufficient~~of ~~revenue~~the Trustee on December 22, 2021. ~~The~~Ms. ~~Trust~~Chesnut ~~believes~~also itserved ~~will~~in ~~not~~this ~~receive~~position ~~any~~from ~~additional~~December ~~royalty~~21, ~~payments~~2018 ~~and~~until ~~without~~October ~~such~~28, ~~payments~~2019. Ms. Chesnut currently is ~~cannot~~a ~~continue~~Wealth ~~operating~~Management ~~due~~Sr. toTrust Officer with U.S. Bank N.A, previously the ~~aforementioned~~Wealth ~~recent~~Management ~~events~~Trust Managing Director where she served from 2019. Prior her current position, Ms. Chesnut also served as a Wealth Management Trust Adviser and a Personal Trust Associate at U.S. Bank, starting in 2007. Ms. Chesnut received her Bachelor of Science degree in sports management from Nebraska Wesleyan University, Lincoln, Nebraska.

~~Item 8.01 Other Events.~~2

On October 29, 2021, the Trust filed a voluntary petition to terminate (the “Petition”) in the County Court of Douglas County, Nebraska (the “Court”). The Trust filed the Petition requesting the Court to approval certain actions and then allow the Trust to liquidate all of its assets and wind up operations of the Trust pursuant to the terms of the Trust Indenture.SIGNATURE

~~Specifically,~~Pursuant ~~the Petition requests the Court~~ to: ~~(i) find~~ the ~~value~~requirements of the ~~Trust’s property is insufficient to justify the cost of administration; (ii) find the Trust’s~~Securities ~~termination~~Exchange toAct further the Trust’s purposes and be in accordance with the Trustor’s probable intention; (iii) approve the Trustee’s actions to sell the Trust assets; (iv) approve and ratify the Letter Agreement with Navajo Transitional Energy Company, LLC, a copy of ~~which was filed by the Trust as Exhibit 10.1 to the Current Report on Form 8-K with the SEC on August 3~~1934, ~~2021; (v) approve, ratify, and confirm~~ the ~~auction~~registrant ~~sale~~has ofduly ~~the~~caused ~~balance~~this ofreport ~~the Trust properties by EnergyNet.com~~ to ~~Spartan~~be ~~Energy,~~signed ~~LLC, as further described in the Current Report~~ on ~~Form~~its ~~8-K~~behalf ~~filed~~ by the ~~Trust~~undersigned ~~with~~hereunto ~~SEC~~duly on October 5, 2021; (vi) approve the Trust’s termination; and (vii) approve the Trustee’s pro rata distribution of sale proceeds, net of Trust expenses, to the Unitholders upon completion of the sales and for the Trust to wind up its operationsauthorized.

IfKIEWIT ~~the~~ROYALTY ~~Court~~TRUST ~~approves~~By: ~~the~~U.S. ~~Trust’s~~Bank ~~plans in~~National ~~the~~Association ~~Petition,~~in ~~the~~its ~~Trust~~capacity ~~anticipates~~as ~~that~~Trustee itand ~~will~~not ~~wind~~in up its ~~operations~~individual incapacity ~~the~~or ~~first quarter of 2022. The assigned hearing date with the Court is December 29, 2021 at 10:30 a.m Central time.~~otherwise

2Dated: December 28, 2021

~~SIGNATURE~~By: /s/ Amy M. Chesnut Amy M. Chesnut Wealth Management Trust Managing Director

~~Pursuant~~(The toTrust ~~the~~does ~~requirements~~not ofhave ~~the~~a ~~Securities Exchange~~principal ~~Act~~financial ofor ~~1934,~~chief accounting ~~the~~officer ~~registrant~~or ~~has~~any ~~duly~~other ~~caused this report to be signed on its behalf by the undersigned hereunto duly authorized~~officers.)

~~KIEWIT ROYALTY TRUST By: U.S. Bank National Association in its capacity as Trustee and not in its individual capacity or otherwise~~3

Dated: October 29, 2021

By: /s/ G. Rosanna Moore G. Rosanna Moore, Vice President and Trust Advisor

(The Trust does not have a principal financial or chief accounting officer or any other officers.)

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