Texas Pacific Land (NYSE: TPL) holder Horizon Kinetics now owns 3.24M shares
Rhea-AI Filing Summary
HORIZON KINETICS ASSET MANAGEMENT LLC, a more than ten percent owner of Texas Pacific Land Corp (TPL), reported purchasing 1 share of common stock on August 14, 2026 at $357.56 per share. Following this transaction, it directly holds 3,244,010 shares, while a related Schedule 13D amendment reports 10,109,933 shares of beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1 shares
Net Buy
1 txn
Insider
HORIZON KINETICS ASSET MANAGEMENT LLC
Role
10% Owner
Bought
1 shs ($357.56)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 1 | $357.56 | $357.56 |
Holdings After Transaction:
Common Stock — 3,244,010 shares (Direct)
Footnotes (1)
- F1. 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 is disclosed herein.
Key Figures
Shares purchased: 1 share
Purchase price: $357.56 per share
Direct holdings after transaction: 3,244,010 shares
+2 more
5 metrics
Shares purchased
1 share
Common Stock purchased on August 14, 2026
Purchase price
$357.56 per share
Price for the 1 share of Common Stock purchased
Direct holdings after transaction
3,244,010 shares
Total Common Stock directly held following the August 14, 2026 purchase
Beneficial ownership per Schedule 13D
10,109,933 shares
Beneficial ownership reported in Schedule 13D amendment dated May 7, 2026
Net buy-sell shares in filing
1 share
Net result of reported buy and sell transactions in this Form 4
Key Terms
Schedule 13D, beneficial ownership, pecuniary interest
3 terms
Schedule 13D regulatory
"filed an amendment to its Schedule 13D wherein it reported beneficial"
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
"wherein 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"
FAQ
What insider transaction did HORIZON KINETICS report for TPL?
HORIZON KINETICS ASSET MANAGEMENT LLC reported a purchase of 1 share of Texas Pacific Land Corp common stock on August 14, 2026 at $357.56 per share, classified as a direct ownership transaction.
What is HORIZON KINETICS’ reported beneficial ownership in TPL from its Schedule 13D?
A referenced Schedule 13D amendment dated May 7, 2026 reports HORIZON KINETICS ASSET MANAGEMENT LLC having beneficial ownership of 10,109,933 shares of Texas Pacific Land Corp, with its pecuniary interest in those shares described in that Schedule 13D.
Was the TPL insider trade by HORIZON KINETICS done under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and the footnotes do not describe any trading plan, so this reported 1-share purchase is not identified as pursuant to a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
