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[8-K] Texas Pacific Land Corp Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Texas Pacific Land (TPL) reported results from its November 6, 2025 Annual Meeting. Stockholders elected nine directors. The non-binding say‑on‑pay advisory vote passed with 12,114,623 votes for, 1,880,392 against, and 158,547 abstentions. Deloitte & Touche LLP was ratified as auditor with 18,742,289 votes for, 102,084 against, and 72,667 abstentions. A stockholder proposal to reduce the threshold to call a special meeting from 25% to 10% did not pass, with 2,180,247 for and 11,923,663 against. Quorum was met with 18,923,012 shares present or represented by proxy.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 6, 2025

 

 

 

Texas Pacific Land Corporation

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware 1-39804 75-0279735
(State or Other Jurisdiction
of Incorporation)
(Commission File Number) (IRS Employer
Identification No.)
     
2699 Howell Street, Suite 800  
Dallas, Texas 75204
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 214-969-5530

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbol(s)
  Name of each exchange on which registered

Common Stock, par value $0.01 per share

  TPL   New York Stock Exchange
NYSE Texas, Inc.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 5.07Submission of Matters to a Vote of Security Holders.

 

On November 6, 2025, Texas Pacific Land Corporation (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). A total of 18,923,012 shares of the Company’s common stock were present in person or represented by proxy at the Annual Meeting. The matters submitted for a vote and the related results are set forth below. A more detailed description of the proposals was included in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on September 26, 2025.

 

Proposal 1: Election of nine (9) members of the Company’s board of directors to serve until the 2026 Annual Meeting of Stockholders.

 

Nominee  Votes Cast For   Votes Cast Against   Abstentions   Broker Non-Votes 
Rhys J. Best   13,408,342    664,572    86,625    4,763,473 
Donald G. Cook   12,335,211    1,694,289    130,039    4,763,473 
Barbara J. Duganier   13,226,538    839,933    93,068    4,763,473 
Donna E. Epps   13,375,281    679,341    104,917    4,763,473 
Tyler Glover   13,107,256    956,450    95,833    4,763,473 
Karl F. Kurz   13,414,864    655,467    89,208    4,763,473 
Robert Roosa   13,755,485    325,564    78,490    4,763,473 
Murray Stahl   13,507,787    592,143    59,609    4,763,473 
Marguerite Woung-Chapman   13,406,470    620,515    132,554    4,763,473 

 

Proposal 2: Approval, by non-binding advisory vote, of the executive compensation paid to the Company’s named executive officers.

 

Votes Cast For   Votes Cast Against   Abstentions   Broker Non-Votes 
 12,114,623    1,880,392    158,547    4,763,473 

 

Proposal 3: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

 

Votes Cast For   Votes Cast Against   Abstentions 
 18,742,289    102,084    72,667 

 

Proposal 4: Consideration of a non-binding stockholder proposal to reduce the ownership threshold for stockholders to call a special stockholder meeting from 25% to 10%.

 

Votes Cast For   Votes Cast Against   Abstentions   Broker Non-Votes 
 2,180,247    11,923,663    49,652    4,763,473 

 

No other matters were properly presented for consideration or stockholder action at the Annual Meeting.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Texas Pacific Land Corporation
     
Date: November 12, 2025 By: /s/ Micheal W. Dobbs
  Name: Micheal W. Dobbs
  Title: SVP, General Counsel and Secretary

 

 

FAQ

What did TPL stockholders decide at the 2025 Annual Meeting?

Nine directors were elected, the advisory say‑on‑pay passed, the auditor was ratified, and a proposal to lower the special meeting threshold failed.

Did Texas Pacific Land (TPL) approve executive compensation?

Yes. The advisory vote passed with 12,114,623 for, 1,880,392 against, and 158,547 abstentions.

Who is TPL’s auditor for 2025 and how did the vote go?

Stockholders ratified Deloitte & Touche LLP with 18,742,289 for, 102,084 against, and 72,667 abstentions.

What happened to the proposal to cut TPL’s special meeting threshold to 10%?

It did not pass. Votes were 2,180,247 for and 11,923,663 against, with 49,652 abstentions.

Was there a quorum at TPL’s Annual Meeting?

Yes. 18,923,012 shares were present in person or by proxy.

How many directors were elected to TPL’s board?

Stockholders elected nine directors to serve until the 2026 Annual Meeting.

What is TPL’s stock symbol and exchange?

TPL trades on the New York Stock Exchange under the symbol TPL.
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