Texas Pacific Land director buys 4 TPL shares

DOYLE PETER reported open-market purchase transactions in this Form 4 filing.

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.

Insider Trade Summary

Net Buyer: 4 shares

Net Buy 3 txns

Insider DOYLE PETER

Role Director

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); Common Stock — 13,091 shares (Indirect, Spouse)

Footnotes (3)

1. F1. Automatic investment as part of a dividend reinvestment.
2. F2. 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.
3. F3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Texas Pacific Land (TPL) shares does Peter Doyle own after this transaction?

After the transaction, Peter Doyle directly owns 146,936 Texas Pacific Land shares. This figure reflects his direct holdings only; he also reports additional indirect holdings through his spouse and related trusts as described in the Form 4 footnotes.

Was the Texas Pacific Land (TPL) share purchase by Peter Doyle an open-market buy?

The Form 4 identifies the transaction as a purchase but notes it was an automatic investment as part of a dividend reinvestment. That means the additional 4 shares were acquired mechanically through a plan, rather than a discretionary open-market trade.

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.

How are charitable account shares treated in Peter Doyle’s Texas Pacific Land (TPL) filing?

The Form 4 notes a reduction of 207 shares held in a charitable giving account. These shares are excluded from his reported beneficial ownership because he has no pecuniary interest or discretionary authority over that account, according to the footnote disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 02:18 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DOYLE PETER

(Last) (First) (Middle)

470 PARK AVENUE SOUTH

8TH FLOOR SOUTH

(Street)

NEW YORK NEW YORK 10016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Texas Pacific Land Corp [ TPL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026		P		4	A	$381.95	146,936(1)(2)	D
Common Stock								11,286	I	Spouse
Common Stock								1,805(3)	I	Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Automatic investment as part of a dividend reinvestment.

2. 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.

3. The Reporting Person's spouse serves as trustee for these shares held in trust.

	/s/ Jay Kesslen, attorney-in-fact	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)