Horizon Kinetics buys Texas Pacific Land share
Texas Pacific Land Corp insider HORIZON KINETICS ASSET MANAGEMENT LLC, a more-than-10% owner, reported an open-market purchase of 1 share of common stock at $447.12 on April 7, 2026.
Rhea-AI Filing Summary
Texas Pacific Land Corp insider HORIZON KINETICS ASSET MANAGEMENT LLC, a more-than-10% owner, reported an open-market purchase of 1 share of common stock at $447.12 on April 7, 2026. Following this small transaction, the reporting entity holds 3,435,489 common shares directly.
A related footnote explains that a recent Schedule 13D amendment reported 10,050,070 shares of beneficial ownership, and that this total was reduced by 25,808 shares previously owned directly by director Mr. Stahl and his wife, which are no longer subject to Section 16 reporting after Mr. Stahl’s unexpected passing.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 1 shares
Net Buy
1 txn
Insider
HORIZON KINETICS ASSET MANAGEMENT LLC
Role
10% Owner
Bought
1 shs ($447.12)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1 | $447.12 | $447.12 |
Holdings After Transaction:
Common Stock — 3,435,489 shares (Direct)
Footnotes (1)
- F1. On March 26, 2026, Horizon Kinetics Asset Management LLC ("HKAM") filed an amendment to its Schedule 13D wherein it reported beneficial ownership of 10,050,070 shares. The extent of HKAM's pecuniary interest in the shares reported in the Schedule 13D are disclosed herein. On April 7, 2026, Mr. Stahl, a director of the Issuer, passed away unexpectedly. As such, the total figure reported has been reduced by 25,808 shares that were owned directly by Mr. Stahl and his wife and are no longer subject to Section 16 reporting.
Key Figures
Shares purchased: 1 share
Purchase price: $447.12 per share
Shares held after transaction: 3,435,489 shares
+2 more
5 metrics
Shares purchased
1 share
Open-market buy on April 7, 2026
Purchase price
$447.12 per share
Price for 1 common share bought
Shares held after transaction
3,435,489 shares
Direct common stock holdings post-transaction
Beneficial ownership reported
10,050,070 shares
Beneficial ownership in Schedule 13D amendment
Shares removed from reporting
25,808 shares
Previously owned by Mr. Stahl and his wife
Key Terms
Schedule 13D, beneficial ownership, Section 16 reporting, open-market purchase, +1 more
5 terms
Schedule 13D regulatory
"filed an amendment to its Schedule 13D wherein it reported beneficial ownership"
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 10,050,070 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.
Section 16 reporting regulatory
"are no longer subject to Section 16 reporting"
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ten percent owner regulatory
"is_ten_percent_owner": 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HORIZON KINETICS report for Texas Pacific Land Corp (TPL)?
HORIZON KINETICS ASSET MANAGEMENT LLC reported buying 1 share of Texas Pacific Land Corp common stock in an open-market transaction at $447.12 per share. After this small purchase, it directly holds 3,435,489 common shares in the company.
What beneficial ownership did HORIZON KINETICS report for Texas Pacific Land Corp (TPL) in its Schedule 13D amendment?
A recent Schedule 13D amendment from HORIZON KINETICS ASSET MANAGEMENT LLC reported beneficial ownership of 10,050,070 Texas Pacific Land Corp shares. The Form 4 footnote ties this figure to a broader beneficial stake beyond the 3,435,489 shares held directly.
What do Section 16 reporting requirements mean for Texas Pacific Land Corp (TPL) insiders?
Section 16 requires directors, officers, and large shareholders to report trades in Texas Pacific Land Corp equity. The filing notes that 25,808 shares previously owned by director Mr. Stahl and his wife are no longer subject to these reporting rules following his unexpected passing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
