---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013030"
form_type: "8-K"
ticker: "NRP"
cik: "0001171486"
company_name: "NATURAL RESOURCE PARTNERS LP"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:16:35.945116+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NRP redeems 35,834 Class A Preferred Units for $35.8M cash

## Summary
- Board elected to redeem 35,834 Class A Preferred Units after holder notice exercising conversion/redemption rights.
- Redemption price of $35,834,000 equals liquidation value plus accrued and unpaid distributions.
- Funded with cash on hand and borrowings under revolving credit facility; units retired on May 5, 2023.
- After redemption, 166,667 Class A Preferred Units remain outstanding from original 250,000 issuance.

## SEC filing metadata
- accession: 0001437749-23-013030
- form_type: 8-K
- ticker: NRP
- cik: 0001171486
- company_name: NATURAL RESOURCE PARTNERS LP
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171486/000143774923013030/0001437749-23-013030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171486/000143774923013030/nrp20230504_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013030
- JSON: https://secwatch.observer/filing/0001437749-23-013030.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.