DORCHESTER MINERALS, L.P.
For the period ended May 13, 2026. Filed Apr 2, 2026.
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May 13, 2026 · Filed Apr 2, 2026
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Contents
Background
The Partnership does not have any employees, nor does it pay any of the operating partnership’s employees, including our named executive officers, for their services, however, our named executive officers generally serve in executive officer capacities for the operating partnership and are compensated by the operating partnership for their service in those capacities. Such compensation is borne indirectly by us only to the extent of our obligation to reimburse the operating partnership for certain general and administrative expenses, subject to the limitation on reimbursement. It is possible that our partnership would not be obligated to reimburse the operating partnership for its compensation expenses including the salaries of our named executive officers in certain circumstances.
Each of our appointed Managers is associated with one or more of the members of our general partner. The owners of our general partner may receive a portion of the cash flow generated by our activities and those of the operating partnership. Our appointed Managers’ participation in our partnership’s results are limited to distributions from the owners of the general partner and their individual holdings of publicly traded units in our partnership, if any.
Mr. McManemin, who previously served as our Chairman and as Senior Advisor to the Partnership, resigned as Chairman in October 2025 and retired from the Board of Managers and as Senior Advisor effective December 31, 2025. Mr. McManemin previously served as our Chief Executive Officer until his resignation from such position, effective as of October 1, 2022. In recognition of his distinguished service, the Board designated Mr. McManemin as Chairman Emeritus.
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