Texas Pacific Land director reports share holdings
Texas Pacific Land Corp director Peter Doyle filed an initial ownership report showing he and related parties hold Texas Pacific Land common stock through both direct and indirect interests.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Texas Pacific Land Corp director Peter Doyle filed an initial ownership report showing he and related parties hold Texas Pacific Land common stock through both direct and indirect interests. Indirect holdings include 3,395,605 shares managed by Horizon Kinetics Asset Management LLC and additional shares held in trusts for his spouse. Doyle’s direct ownership is 146,885 shares, and he disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
DOYLE PETER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 146,885 shares (Direct);
Common Stock — 13,091 shares (Indirect, Spouse);
Common Stock — 3,395,605 shares (Indirect, Horizon Kinetics Asset Management, LLC)
Footnotes (2)
- F1. The Reporting Person's spouse serves as trustee for these shares held in trust.
- F2. On May 7, 2026, Horizon Kinetics Asset Management LLC ("HKAM") filed an amendment to its Schedule 13D wherein it reported beneficial ownership of 10,109,933 shares. The extent of HKAM's pecuniary interest in the shares reported in the Schedule 13D are disclosed herein. These accounts are managed by HKAM, in which Mr. Doyle serves as Co-Chief Executive Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Doyle disclaims beneficial ownership over the shares reported herein except to the extent of his pecuniary interest.
Key Figures
Indirect HKAM holdings: 3,395,605 shares
Spouse indirect holding 1: 1,805 shares
Spouse indirect holding 2: 11,286 shares
+2 more
5 metrics
Indirect HKAM holdings
3,395,605 shares
Common stock accounts managed by Horizon Kinetics Asset Management LLC
Spouse indirect holding 1
1,805 shares
Common stock held indirectly through spouse
Spouse indirect holding 2
11,286 shares
Additional common stock held indirectly through spouse
Direct holding
146,885 shares
Common stock directly owned by Peter Doyle
HKAM Schedule 13D total
10,109,933 shares
Beneficial ownership reported by Horizon Kinetics Asset Management LLC
Key Terms
Schedule 13D, beneficial ownership, pecuniary interest, trustee, +1 more
5 terms
Schedule 13D regulatory
"HKAM filed an amendment to its Schedule 13D wherein it reported beneficial ownership"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficial ownership financial
"it reported beneficial ownership of 10,109,933 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The extent of HKAM's pecuniary interest in the shares reported"
trustee financial
"The Reporting Person's spouse serves as trustee for these shares held in trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership Horizon Kinetics Asset Management, LLC"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Peter Doyle’s Form 3 filing show for Texas Pacific Land (TPL)?
The Form 3 shows that Peter Doyle, a director of Texas Pacific Land Corp, reports both direct and indirect holdings of common stock, including shares managed by Horizon Kinetics Asset Management LLC and additional shares held for his spouse in trust arrangements.
What direct Texas Pacific Land (TPL) stake does Peter Doyle report on Form 3?
Peter Doyle reports 146,885 shares of Texas Pacific Land common stock as directly owned. This direct position is listed separately from larger indirect holdings managed by Horizon Kinetics and additional shares held for his spouse, giving a clearer picture of his personal share ownership.
What does the Schedule 13D reference mean for Texas Pacific Land (TPL) ownership?
A footnote states that Horizon Kinetics Asset Management LLC filed an amended Schedule 13D reporting 10,109,933 Texas Pacific Land shares. The Form 3 clarifies the extent of Doyle’s pecuniary interest in those shares and notes he does not participate in investment decisions for the issuer’s securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates