Daly Matthew S. 4

What Happened
Matthew S. Daly, Chief Operating Officer of Kimbell Royalty Partners, reported receiving an award/acquisition of 112,200 common units/shares on February 24, 2026. The Form 4 lists the per-share price as $0.00 (typical for compensation awards); the filing does not report a cash payment for the shares.

Key Details

• Transaction date: 2026-02-24; Reported price: $0.00 per share.
• Shares acquired: 112,200. Total reported acquisition value on the Form 4: $0.
• Filing date / accession: Form 4 filed 2026-02-26 (two business days after the transaction), which appears to meet the usual Form 4 reporting window.
• Shares owned after transaction: Not disclosed in the Form 4 filing provided.
• Footnotes / special instructions: No 10b5-1 plan, tax-withholding, or other footnotes disclosed on the Form 4.

Context
This was an equity award/grant reported as an acquisition rather than an open-market purchase. Awards are commonly used for compensation (e.g., restricted units or RSUs) and may be subject to vesting or other restrictions—check the company’s proxy, 8‑K, or equity plan disclosures for vesting terms or performance conditions. Awards signal management compensation alignment with shareholders but do not directly imply an independent purchase decision by the insider.