Director Peter Doyle adds Texas Pacific Land (TPL) shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOYLE PETER reported open-market purchase transactions in this Form 4 filing.
Texas Pacific Land Corp director Peter Doyle reported a small increase in his holdings through an automatic dividend reinvestment on June 15, 2026. He acquired 4 shares of common stock at $381.95 per share, bringing his direct ownership to 146,936 shares.
The filing also notes indirect holdings through his spouse, including 1,805 and 11,286 shares held in trust where his spouse serves as trustee. A footnote explains that 207 shares in a charitable giving account are excluded because he has no pecuniary interest or discretionary authority over them.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4 shares ($1,528)
Net Buy
3 txns
Insider
DOYLE PETER
Role
null
Bought
4 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4 | $381.95 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 146,936 shares (Direct, null);
Common Stock — 11,286 shares (Indirect, Spouse)
Footnotes (1)
- Automatic investment as part of a dividend reinvestment. This amount reflects the reduction of 207 shares that are held in a charitable giving account for which the Reporting Person has no pecuniary interest or discretionary authority. The Reporting Person's spouse serves as trustee for these shares held in trust.
Key Figures
Shares purchased: 4 shares
Purchase price: $381.95 per share
Direct holdings after transaction: 146,936 shares
+3 more
6 metrics
Shares purchased
4 shares
Common stock acquired June 15, 2026
Purchase price
$381.95 per share
Automatic dividend reinvestment
Direct holdings after transaction
146,936 shares
Common stock owned directly by Peter Doyle
Indirect trust holding 1
1,805 shares
Indirect ownership, spouse trustee
Indirect trust holding 2
11,286 shares
Indirect ownership, spouse trustee
Charitable account reduction
207 shares
No pecuniary interest or discretionary authority
Key Terms
dividend reinvestment, pecuniary interest, trustee, indirect ownership
4 terms
dividend reinvestment financial
"Automatic investment as part of a dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
pecuniary interest financial
"no pecuniary interest or discretionary authority."
trustee financial
"The Reporting Person's spouse serves as trustee for these shares"
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","ownership_code": "I""
FAQ
What insider transaction did Peter Doyle report at Texas Pacific Land Corp (TPL)?
Peter Doyle reported acquiring 4 shares of Texas Pacific Land common stock. The shares were obtained at $381.95 each through an automatic dividend reinvestment on June 15, 2026, modestly increasing his existing direct ownership position.
What indirect Texas Pacific Land (TPL) holdings are associated with Peter Doyle and his spouse?
The filing shows indirect ownership entries labeled “Spouse,” including 1,805 and 11,286 Texas Pacific Land shares held in trust. A footnote explains that his spouse serves as trustee for these trust-held shares, providing important context for the nature of this ownership.