X0508 4 2026-02-10 0001171486 NATURAL RESOURCE PARTNERS LP NRP 0001498144 WARMAN PHILIP T 1415 LOUISIANA STREET, SUITE 3325 HOUSTON TX 77002 1 General Counsel and Secretary 0 COMMON UNITS 2026-02-10 4 M 0 10799 A 19210 D COMMON UNITS 2026-02-10 4 F 0 4249 123.04 D 14961 D PERFORMANCE UNITS 2026-02-10 4 M 0 5880 A COMMON UNITS 5880 0 D PHANTOM UNITS 2026-02-10 4 M 0 4150 A COMMON UNITS 4150 0 D PHANTOM UNITS 2026-02-10 4 M 0 403 A COMMON UNITS 403 403 D PHANTOM UNITS 2026-02-10 4 M 0 366 A COMMON UNITS 366 732 D 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 (2), (3), (4) and (5) below. 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. /s/ PHILIP T WARMAN 2026-02-12