Texas Pacific Land (TPL) director receives 554-share stock retainer grant

Rhea-AI Filing Summary

Texas Pacific Land Corp reported that director Marguerite Woung-Chapman received 554 shares of common stock on January 5, 2026. This was granted at $0.00 per share as the stock portion of her annual retainer for board service commencing January 1, 2026. Following this grant, she beneficially owned 1,769 shares directly. The company notes that all share amounts reflect a 3-for-1 stock split that took effect on December 22, 2025.

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

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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^*

Woung-Chapman Marguerite

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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	01/05/2026		A		554(1)	A	$0.00	1,769	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

Explanation of Responses:

1. Constitutes stock portion of annual retainer for the year of board service by the Reporting Person commencing January 1, 2026.

Remarks:

All share amounts reflect the 3-for-1 stock split effected on December 22, 2025.

	/s/ Micheal W. Dobbs, attorney-in-fact	01/07/2026
	** 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.

FAQ

What insider transaction did Texas Pacific Land Corp (TPL) disclose?

Texas Pacific Land Corp disclosed that director Marguerite Woung-Chapman received 554 shares of common stock on January 5, 2026 as part of her board compensation.

Was the Texas Pacific Land (TPL) director stock grant a purchase or a compensation award?

The filing states the 554-share grant constitutes the stock portion of the annual retainer for the director’s board service beginning January 1, 2026, indicating it is compensation rather than an open-market purchase.

How many Texas Pacific Land (TPL) shares does the director own after the reported transaction?

After receiving the 554-share stock retainer, director Marguerite Woung-Chapman beneficially owns 1,769 shares of Texas Pacific Land Corp common stock directly.

What was the reported price per share for the Texas Pacific Land (TPL) stock grant?

The Form 4 reports a transaction price of $0.00 per share for the 554 common shares, consistent with shares granted as part of director compensation.

Did a recent stock split affect the share figures for Texas Pacific Land (TPL)?

Yes. The filing notes that all share amounts, including the 554-share grant and 1,769 shares beneficially owned, reflect a 3-for-1 stock split that was effected on December 22, 2025.

Is the director’s ownership in Texas Pacific Land (TPL) held directly or indirectly?

The Form 4 indicates the director’s 1,769 shares are held with direct (D) ownership, with no nature of indirect beneficial ownership listed.