TXO Partners, L.P. — Director's Dealing 2026

Feb 11, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TXO Partners, L.P. (TXO)
CIK: 0001559432
Period of Report: 2026-01-31

Reporting Person: King Luther Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-31	Common Units	A	10667	—	Acquired	751111	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Units	3071796	Indirect

Footnotes

F1: Reflects phantom units. Each phantom unit is the economic equivalent of one common unit of the Issuer and will be settled in common units upon vesting. The phantom units will vest on January 31, 2027.

F2: Includes (i) 1,522,733 common units held by LKCM Investment Partnership, L.P. (LIP), (ii) 1,538,797 common units held by PDLP Morningstar, LLC, a wholly-owned subsidiary of LKCM Private Discipline Master Fund, SPC (PDP), and (iii) 10,266 common units held by a separately managed account for which Luther King Capital Management Corporation (LKCM) serves as investment advisor. LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LIP. LKCM Private Discipline Management, L.P. (PDP GP) is the sole holder of management shares of PDP. LKCM serves as the investment adviser for each of LIP and PDP. Mr. King is the President and controlling shareholder of LKCM and a controlling member and/or partner of LIP GP and PDP GP. Mr. King expressly disclaims beneficial ownership of the common units reported herein except to the extent of his pecuniary interest therein.