Cross Timbers Royalty Trust (CRT) entities purchase 26,082 units in open‑market buys
Rhea-AI Filing Summary
Cross Timbers Royalty Trust reported open‑market purchases of a total of 26,082 Units of Beneficial Interest linked to entities associated with Eric L. Oliver. SoftVest, LP acquired 13,132 units on August 11, 2026 at a weighted average price of $9.95 and 12,950 units on August 12, 2026 at a weighted average price of $10.08, in multiple trades within narrow price ranges. The units are held directly by SoftVest, LP; SoftVest GP I, LLC is its general partner and Mr. Oliver is the managing member, and each may be deemed to beneficially own these securities, with Mr. Oliver disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,082 shares
Net Buy
2 txns
Insider
OLIVER ERIC L, SoftVest, LP, SoftVest GP I, LLC
Role
10% Owner | 10% Owner | 10% Owner
Bought
26,082 shs ($261K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Units of Beneficial Interest F3, F2 | 12,950 | $10.08 | $131K |
| Purchase | Units of Beneficial Interest F1, F2 | 13,132 | $9.95 | $131K |
Holdings After Transaction:
Units of Beneficial Interest — 951,042 shares (Indirect, By SoftVest, LP)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $9.94 to $9.95, 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.
- F2. 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.
- F3. The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $9.95 to $10.10, 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.
Key Figures
Total units purchased: 26,082 Units of Beneficial Interest
Units purchased 2026-08-11: 13,132 units at $9.95
Units purchased 2026-08-12: 12,950 units at $10.08
+1 more
4 metrics
Total units purchased
26,082 Units of Beneficial Interest
Combined open‑market purchases on August 11–12, 2026 by SoftVest, LP
Units purchased 2026-08-11
13,132 units at $9.95
Weighted average price; trades ranged from $9.94 to $9.95
Units purchased 2026-08-12
12,950 units at $10.08
Weighted average price; trades ranged from $9.95 to $10.10
Rule 10b5-1 status
Checkbox not affirmed as Rule 10b5-1
Form 4 document-level trading plan indicator
Key Terms
Units of Beneficial Interest, weighted average price, pecuniary interest
3 terms
Units of Beneficial Interest financial
"security_title: "Units of Beneficial Interest" for the reported transactions"
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.
pecuniary interest financial
"Mr. Oliver disclaims any beneficial ownership... except to the extent of his pecuniary interest therein."
FAQ
What insider transactions did CRT report in this Form 4?
The filing reports two open‑market purchases of Cross Timbers Royalty Trust Units of Beneficial Interest totaling 26,082 units, executed on August 11 and 12, 2026 by SoftVest, LP.
How many CRT units did SoftVest, LP buy and at what prices?
SoftVest, LP bought 13,132 units at $9.95 on August 11, 2026 and 12,950 units at $10.08 on August 12, 2026, both reported as weighted average prices from multiple trades.
Who is reported as the beneficial owner of the CRT units in this filing?
The units are held directly by SoftVest, LP. SoftVest GP I, LLC, its general partner, and Eric L. Oliver, its managing member, may be deemed beneficial owners, subject to Mr. Oliver’s pecuniary interest disclaimer.
Were the CRT insider purchases made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5‑1 checkbox is not marked as affirming plan status, and the footnotes do not state that these purchases were made under a Rule 10b5‑1 trading plan.
Are the reported CRT purchase prices exact or averages?
Both reported prices are weighted average prices. The August 11 trades ranged from $9.94 to $9.95, and the August 12 trades ranged from $9.95 to $10.10, with detailed breakdowns available on request.
AI-generated analysis. How Rhea-AI works. Not financial advice.