SoftVest LP (CRT) adds 8,542 Cross Timbers Royalty Trust units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SoftVest, LP, a ten percent owner of Cross Timbers Royalty Trust, bought 8,542 Units of Beneficial Interest in an open-market transaction at a weighted average price of $10.61, with trade prices between $10.45 and $10.65. After this purchase, SoftVest indirectly holds 799,647 units, with SoftVest GP I, LLC and Eric L. Oliver deemed beneficial owners through their roles.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,542 shares ($90,631)
Net Buy
1 txn
Insider
OLIVER ERIC L, SoftVest, LP, SoftVest GP I, LLC
Role
null | null | null
Bought
8,542 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Units of Beneficial Interest | 8,542 | $10.61 | $91K |
Holdings After Transaction:
Units of Beneficial Interest — 799,647 shares (Indirect, By SoftVest, LP)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $10.45 to $10.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within such range. Directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner of SoftVest, LP and Eric L. Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary interest therein.
Key Figures
Units purchased: 8,542 units
Average purchase price: $10.61 per unit
Trade price range: $10.45–$10.65 per unit
+1 more
4 metrics
Units purchased
8,542 units
Open-market buy of Units of Beneficial Interest
Average purchase price
$10.61 per unit
Weighted average across multiple trades
Trade price range
$10.45–$10.65 per unit
Range of prices for individual purchases
Holdings after transaction
799,647 units
Indirect units held following the purchase
Key Terms
Units of Beneficial Interest, weighted average price, beneficially own, pecuniary interest
4 terms
Units of Beneficial Interest financial
"security_title: "Units of Beneficial Interest""
Units of beneficial interest are pieces of ownership in a trust, fund, or pooled investment that give the holder a right to a share of the assets and income without holding the underlying property directly. Think of them as slices of a pie that entitle you to future slices of profit or distributions; investors care because these units determine how returns, risks, voting rights, and tax treatment are allocated and how easily you can buy or sell your stake.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially own financial
"may be deemed to beneficially own the securities beneficially owned by SoftVest, LP."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
FAQ
What insider transaction did SoftVest LP report for CRT on this Form 4?
SoftVest LP reported buying 8,542 Units of Beneficial Interest in Cross Timbers Royalty Trust in an open-market transaction. The units were purchased at a weighted average price of $10.61, with individual trades executed between $10.45 and $10.65 per unit.
At what price did SoftVest LP purchase Cross Timbers Royalty Trust (CRT) units?
SoftVest LP purchased the CRT units at a weighted average price of $10.61 per unit. According to the filing, the individual trades occurred in a price range from $10.45 to $10.65, and the filer can provide exact trade breakdowns upon request.
How many Cross Timbers Royalty Trust (CRT) units does SoftVest LP hold after this trade?
After the reported purchase, SoftVest LP indirectly holds 799,647 Units of Beneficial Interest in Cross Timbers Royalty Trust. These units are directly held by SoftVest LP, with SoftVest GP I, LLC and Eric L. Oliver deemed beneficial owners through their respective ownership roles.
Who is considered the beneficial owner of the CRT units bought by SoftVest LP?
The units are directly held by SoftVest LP. SoftVest GP I, LLC, as general partner, and Eric L. Oliver, as managing member of SoftVest GP I, LLC, may be deemed to beneficially own these securities, though Oliver disclaims beneficial ownership beyond his pecuniary interest.
What type of transaction did the CRT Form 4 report for SoftVest LP?
The Form 4 reports an open-market purchase of Units of Beneficial Interest, coded as “P.” The transaction is categorized as a non-derivative buy, increasing SoftVest LP’s indirect position in Cross Timbers Royalty Trust by 8,542 units at market prices.