Kimbell Royalty (KRP) Director Erik B. Daugbjerg Receives 14,108-Share Award

What Happened

• Erik B. Daugbjerg, a director of Kimbell Royalty Partners, LP (KRP), received an award of 14,108 shares on February 24, 2026. The reported acquisition price is $0.00, indicating these were granted as compensation (code A on Form 4). The filing (Accession 0001104659-26-020618) was submitted on February 26, 2026. No cash paid was reported for the shares.

Key Details

• Transaction date: 2026-02-24
• Transaction type/code: Award/Grant (A)
• Shares acquired: 14,108
• Price paid: $0.00 (shares granted as compensation)
• Filing date: 2026-02-26 (filed two days after the transaction)
• Shares owned after transaction: Not specified in the provided excerpt of the filing
• Notable footnotes: None disclosed in the provided information (no 10b5-1 plan, tax withholding, or cashless sale noted)

Context

• Awards to directors are a common form of non-cash compensation and do not necessarily indicate the director is buying or selling based on a view of the stock. This grant increases the director’s equity position but is typically part of routine compensation arrangements. For full ownership totals or additional footnotes, review the complete Form 4 filing on the SEC EDGAR site.