Wynne Mitch S. 4

What Happened
Mitch S. Wynne, a director of Kimbell Royalty Partners, reported an open-market sale of 35,000 common units on March 2, 2026. The units were sold at $14.48 each for a total transaction value of $506,800. This was a sale (not a purchase), which is often routine insider liquidity rather than an explicit signal of company prospects.

Key Details

• Transaction date: 2026-03-02 (reported on Form 4 filed 2026-03-03)
• Transaction type/code: Open market sale (S)
• Quantity and price: 35,000 units at $14.48 per unit; total ≈ $506,800
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes of note:
  • F1: Some common units are held directly by Kimbell GP Holdings, LLC; Wynne is a member of Double Eagle Interests, LLC, a member of that LLC.
  • F2: Some units are held directly by an IRA for Wynne’s benefit.
  • F3: Some units are held directly by the David Mitchell Wynne Asset Trust, for which Wynne is trustee.
• Filing timeliness: Form 4 was filed the business day after the trade (appears timely under the two-business-day rule).

Context
This report documents a straightforward sale of common units. Sales by directors can reflect personal financial planning or diversification; they do not necessarily indicate a change in the company’s fundamentals. If you track insider activity for investment signals, note that purchases generally carry more weight than routine sales.