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TPL (NYSE: TPL) accounting chief reports RSU vesting and tax share surrender

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Form Type
4

Rhea-AI Filing Summary

Texas Pacific Land Corp Chief Accounting Officer Stephanie Buffington reported RSU vesting and related share movements. On February 10, 2026, she converted 513 restricted stock units into the same number of common shares, then surrendered 245 shares to the issuer for tax withholding at $401.62 per share.

After these transactions, she directly owned 3,118 common shares. She also held 1,728 RSUs, of which 864 will vest on February 13 of each of 2026 and 2027, and 771 RSUs, with 255 vesting on February 15, 2026 and 258 vesting on February 15 of each of 2027 and 2028. All amounts reflect a 3-for-1 stock split effective December 22, 2025.

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Insider BUFFINGTON STEPHANIE
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 513 $0.00 --
Exercise Common Stock 513 $0.00 --
Tax Withholding Common Stock 245 $401.62 $98K
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 3,363 shares (Direct)
Footnotes (1)
  1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person. Each RSU has a value equal to one share of common stock. All such reported RSUs vested on February 10, 2026. Each RSU has a value equal to one share of common stock. Of such RSUs, 864 will vest on February 13 of each of 2026 and 2027. Each RSU has a value equal to one share of common stock. Of such RSUs, 255 will vest on February 15, 2026 and 258 will vest on February 15 of each of 2027 and 2028.
Form 4 Insider Transactions: What Each Field Means →
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*
BUFFINGTON STEPHANIE
(Last) (First) (Middle)
C/O TEXAS PACIFIC LAND CORPORATION
2699 HOWELL STREET, SUITE 800
(Street)
DALLAS TX 75204
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Texas Pacific Land Corp [ TPL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/10/2026 M 513 A (1) 3,363 D
Common Stock 02/10/2026 F 245(2) D $401.62 3,118 D
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
Restricted Stock Units (3) 02/10/2026 M 513 (3) (3) Common Stock 513 $0 0 D
Restricted Stock Units (4) (4) (4) Common Stock 1,728 1,728 D
Restricted Stock Units (5) (5) (5) Common Stock 771 771 D
Explanation of Responses:
1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
2. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
3. Each RSU has a value equal to one share of common stock. All such reported RSUs vested on February 10, 2026.
4. Each RSU has a value equal to one share of common stock. Of such RSUs, 864 will vest on February 13 of each of 2026 and 2027.
5. Each RSU has a value equal to one share of common stock. Of such RSUs, 255 will vest on February 15, 2026 and 258 will vest on February 15 of each of 2027 and 2028.
Remarks:
All share amounts reflect the 3-for-1 stock split effected on December 22, 2025.
/s/ Micheal W. Dobbs, attorney-in-fact 02/12/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did TPL Chief Accounting Officer Stephanie Buffington report?

Stephanie Buffington reported RSU vesting and related share movements. On February 10, 2026, 513 restricted stock units converted into common stock, and 245 of those shares were surrendered back to Texas Pacific Land Corp to satisfy tax withholding obligations tied to the vesting event.

How many Texas Pacific Land (TPL) shares does Stephanie Buffington own after this Form 4?

After the reported transactions, Buffington directly owns 3,118 shares of Texas Pacific Land common stock. This reflects the 513-share RSU conversion and the 245-share surrender for tax withholding, with all figures adjusted for the 3-for-1 stock split effective December 22, 2025.

Were any of Stephanie Buffington’s TPL share disposals open-market sales?

The filing shows no open-market sales. The only disposal is 245 shares coded “F,” surrendered to Texas Pacific Land Corporation to cover tax withholding obligations associated with RSU vesting, rather than a discretionary sale into the public market.

What restricted stock units (RSUs) in TPL stock does Stephanie Buffington still hold?

Buffington holds 1,728 RSUs and 771 RSUs, each equal to one TPL common share. Of the 1,728 RSUs, 864 vest on February 13 of 2026 and 2027. Of the 771, 255 vest on February 15, 2026 and 258 on February 15 of 2027 and 2028.

What happened to the 513 TPL restricted stock units reported in this Form 4?

All 513 restricted stock units vested and converted into 513 shares of Texas Pacific Land common stock on February 10, 2026. RSUs convert one-for-one into common shares, and this vesting increased Buffington’s direct share ownership before the tax withholding surrender.

How does the 3-for-1 stock split affect the TPL share numbers in this Form 4?

All share amounts in the Form 4 already reflect the 3-for-1 stock split effective December 22, 2025. This means the reported common share and RSU figures are post-split, simplifying comparison with current outstanding shares and prior holdings after adjustment.