What is the purpose of the 554-share grant to the Texas Pacific Land director?

The 554-share grant constitutes the stock portion of the annual retainer for Karl F. Kurz’s year of board service commencing January 1, 2026.

Texas Pacific Land director awarded 554 shares as retainer

Q: What insider transaction did Texas Pacific Land (TPL) report for Karl F. Kurz?

The company reported that director Karl F. Kurz acquired 554 shares of common stock of Texas Pacific Land Corp on January 5, 2026.

Q: Was the Texas Pacific Land Form 4 transaction a purchase or a grant?

The Form 4 shows an acquisition (code "A") of shares as part of the stock portion of the annual board retainer, not an open-market purchase.

Q: What price did Karl F. Kurz pay for the 554 Texas Pacific Land shares?

The 554 shares of Texas Pacific Land common stock were reported at a price of $0.00 per share, consistent with an equity-based compensation grant.

Q: How did a recent stock split affect the share numbers in this Texas Pacific Land Form 4?

The filing notes that all share amounts reflect a 3-for-1 stock split that was effected on December 22, 2025.

Texas Pacific Land Corp director Karl F. Kurz reported an equity grant under the company’s compensation program.

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Rhea-AI Filing Summary

Texas Pacific Land Corp director Karl F. Kurz reported an equity grant under the company’s compensation program. On January 5, 2026, he acquired 554 shares of common stock at a price of $0.00 per share, representing the stock portion of his annual retainer for board service commencing January 1, 2026. Following this grant, Kurz directly beneficially owns 2,624 shares of Texas Pacific Land common stock. All share amounts reflect a 3-for-1 stock split that was effected on December 22, 2025.

Insider Trade Summary

Grant/Award: 554 shares

Grant/Award 1 txn

Insider Kurz Karl F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	554	$0.00	$0.00

Holdings After Transaction: Common Stock — 2,624 shares (Direct)

Footnotes (1)

F1. Constitutes stock portion of annual retainer for the year of board service by the Reporting Person commencing January 1, 2026.

FAQ

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

What insider transaction did Texas Pacific Land (TPL) report for Karl F. Kurz?

The company reported that director Karl F. Kurz acquired 554 shares of common stock of Texas Pacific Land Corp on January 5, 2026.

Was the Texas Pacific Land Form 4 transaction a purchase or a grant?

The Form 4 shows an acquisition (code "A") of shares as part of the stock portion of the annual board retainer, not an open-market purchase.

What price did Karl F. Kurz pay for the 554 Texas Pacific Land shares?

The 554 shares of Texas Pacific Land common stock were reported at a price of $0.00 per share, consistent with an equity-based compensation grant.

How many Texas Pacific Land shares does Karl F. Kurz own after this grant?

After the reported transaction, Karl F. Kurz directly beneficially owns 2,624 shares of Texas Pacific Land common stock.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 01/07/2026 - 08:57 PM EST

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^*

Kurz Karl F

(Last)

(First)

(Middle)

C/O TEXAS PACIFIC LAND CORPORATION

2699 HOWELL STREET, SUITE 800

(Street)

DALLAS

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/05/2026		A		554⁽¹⁾	A	$0.00	2,624	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

Source: View Original Filing on SEC EDGAR