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NATURAL RESOURCE PARTNERS LP

M

$ Value

Shares

72,849

Price

Filed

Feb 12

Insider

Name

ROBERTSON CORBIN J JR

Title

Chairman and CEO

CIK

0001194888

Roles

Director Officer 10% Owner

Transaction Details

Transaction Date

2026-02-10

Code

M

Table

Non-Derivative

Ownership

Indirect

Equity Swap

No

Shares After

792,324

Footnotes

Common units were issued upon conversion of phantom units previously awarded under the issuer's long-term incentive plan ("LTIP") as further described in notes (5), (6), (7) and (8) below. | Quintana Holdings LP is a limited partnership controlled by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. | The general partner of Western Pocahontas Properties Limited Partnership is Western Pocahontas GP LLC, a limited liability company controlled by the reporting person. The reporting person also holds indirect limited partner interests in Western Pocahontas Properties Limited Partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. | The general partner of NRP (GP) LP is GP Natural Resource Partners LLC, which is wholly owned by Robertson Coal Management, a limited liability company controlled by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. | Performance-based units representing the right to receive common units, together with tandem distribution equivalent rights, were awarded in February 2023 under the issuer's LTIP. The phantom units vested on the third anniversary of the grant date and converted into common units on the reporting date based upon the achievement of specified performance goals. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. | Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2023 under the issuer's LTIP. One-third of the phantom units vested on the third anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. | Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2024 under the issuer's LTIP. One-third of the phantom units vested on the second anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2024 award will vest on the third anniversary of the grant date. | Phantom units representing the right to receive common units on a one-for-one basis, together with tandem distribution equivalent rights, were awarded in February 2025 under the issuer's LTIP. One-third of the phantom units vested on the first anniversary of the grant date and converted into common units on the reporting date. Accrued quarterly distributions made during the vesting period were paid in cash to the reporting person on the reporting date. The remaining phantom units under the 2025 award will vest in substantially equal installments on the second and third anniversaries of the grant date.

Filing Info

Accession No.

0001437749-26-003973

Form Type

4

Issuer CIK

0001171486

ROBERTSON CORBIN J JR's History

Date Ticker Type Value
2026-02-10 NRP M
2026-02-10 NRP F $3.5M
2026-02-10 NRP M
2026-02-10 NRP M
2026-02-10 NRP M
2026-02-10 NRP M
2026-02-04 NRP A $0
2026-01-29 KLXE A $0
2025-12-31 NRP J $0

Other Insiders at NRP (90d)

Insider Bought Sold Last
VECELLIO LEO A JR 2026-02-10
MURPHY PAUL B JR 2026-02-10
ROBERTSON CORBIN J JR
Chairman and CEO
2026-02-10
NAVARRE RICHARD A 2026-02-10
ROBERTSON CORBIN J III 2026-02-10
SMITH STEPHEN P 2026-02-10
Craig Kevin J
Executive Vice President
2026-02-10
Nunez Craig W
President and COO
2026-02-10
Claro Galdino J. 2026-02-10
WARMAN PHILIP T
General Counsel and Secretary
2026-02-10
WOOTEN GREGORY F
Executive Vice President
2026-02-10
Zolas Christopher
Chief Financial Officer
2026-02-10