Rhynsburger Blayne 4

What Happened On 2026-03-23 Blayne Rhynsburger, Controller of Kimbell Royalty Partners, LP (KRP), reported a sale of 6,609 shares at $14.48 per share, for total proceeds of approximately $95,698. The transaction is reported with code "S" (sale) and is listed as an open-market or private sale. Sales are often routine (e.g., diversification, liquidity) and do not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date: 2026-03-23; Price: $14.48 per share; Shares sold: 6,609; Proceeds ≈ $95,698.
• Transaction code: S (Sale); described as "open market or private sale" in the filing.
• Shares owned following the transaction: not specified in the information provided here.
• Filing: reported on 2026-03-24 for the 2026-03-23 transaction (filed the next day), so not noted as late.
• No 10b5-1 plan, tax-withholding, or other footnotes were reported in the details you provided.

Context For retail investors: purchases tend to be more informative about insider conviction; a single sale—especially of modest size like ~$95.7K—can be routine. If you track insider activity, watch for patterns (multiple insiders selling or large, repeated sales) rather than one isolated transaction.