Filing Details
- Accession Number:
- 0001104659-25-024566
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-17 20:39:46
- Reporting Period:
- 2025-03-14
- Filing Date:
- 2025-03-17
- Accepted Time:
- 2025-03-17 20:39:46
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1811074 | Texas Pacific Land Corp | TPL | Oil Royalty Traders (6792) | 750279735 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1863734 | Chris Steddum | C/O Texas Pacific Land Corporation 1700 Pacific Avenue, Suite 2900 Dallas TX 75201 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2025-03-14 | 59 | $1,310.48 | 3,657 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 15 | $1,311.64 | 3,642 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 9 | $1,312.17 | 3,633 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 53 | $1,313.10 | 3,580 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 11 | $1,314.65 | 3,569 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 10 | $1,315.36 | 3,559 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 9 | $1,316.59 | 3,550 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 6 | $1,317.73 | 3,544 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 24 | $1,318.60 | 3,520 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 12 | $1,319.81 | 3,508 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-03-14 | 6 | $1,323.68 | 3,502 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | $0.00 | 423 | 423 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 1,382 | 1,382 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 795 | 795 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 423 | 423 | Direct | |
| 1,382 | 1,382 | Direct | |
| 795 | 795 | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2024.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,310.00 to $1,310.91, inclusive. The reporting person undertakes to provide to Texas Pacific Land Corporation (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,311.44 to $1,311.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,312.04 to $1,312.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,313.08 to $1,313.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,314.42 to $1,314.76, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,315.00 to $1,315.59, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,316.45 to $1,316.83, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,317.56 to $1,317.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,318.26 to $1,318.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,319.33 to $1,320.18, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $1,323.43 to $1,323.92, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold in the transactions at each separate price within the range set forth in this footnote.
- Each restricted stock unit ("RSU") has a value equal to one share of common stock. All of the RSUs reported will vest on February 10, 2026.
- Each RSU has a value equal to one share of common stock. Of such RSUs, 691 will vest on February 13 of each of 2026 and 2027.
- Each RSU has a value equal to one share of common stock. Of such RSUs, 265 will vest on February 15 of each of 2026, 2027 and 2028.
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