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Texas Pacific Land (TPL) director Roosa reports 554-share board retainer grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Texas Pacific Land Corp director Robert M. Roosa reported receiving 554 shares of common stock on January 5, 2026. The shares represent the stock portion of his annual board retainer for the year of service commencing January 1, 2026 and were recorded at a price of $0.00 per share, indicating a compensation grant rather than an open-market purchase.

Following this grant, Roosa directly holds 1,769 shares of Texas Pacific Land common stock. Additional indirect holdings of 1,350 shares each are reported as being held by RSR Resources & Minerals Unvested, LLC and RSR Resources & Minerals Vested, LLC, entities for which he serves as manager. All reported share amounts reflect a 3-for-1 stock split that took effect on December 22, 2025.

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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*
Roosa Robert M.

(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
Common Stock 1,350 I See Footnote(2)
Common Stock 1,350 I See Footnote(3)
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.
2. These securities are held by RSR Resources & Minerals Unvested, LLC, of which the Reporting Person is the manager.
3. These securities are held by RSR Resources & Minerals Vested, LLC, of which the Reporting Person is the manager.
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) report for Robert M. Roosa?

Texas Pacific Land Corp reported that director Robert M. Roosa received 554 shares of common stock on January 5, 2026. The transaction was coded as an A (award or grant) and carried a price of $0.00 per share, indicating it was part of his board compensation rather than a market trade.

Why did Robert M. Roosa receive 554 TPL shares on January 5, 2026?

The filing states that the 554-share grant "constitutes stock portion of annual retainer for the year of board service" by Robert M. Roosa, commencing January 1, 2026. This means the shares are a stock-based component of his compensation for serving on the board of Texas Pacific Land Corp.

How many Texas Pacific Land (TPL) shares does Robert M. Roosa own directly after this Form 4?

After the reported grant, Robert M. Roosa directly holds 1,769 shares of Texas Pacific Land Corp common stock. The filing notes that all share amounts reflect the 3-for-1 stock split that was effected on December 22, 2025.

What indirect TPL shareholdings related to Robert M. Roosa are disclosed?

The Form 4 discloses two indirect positions of 1,350 shares of Texas Pacific Land common stock each. One block is held by RSR Resources & Minerals Unvested, LLC and the other by RSR Resources & Minerals Vested, LLC, and in both cases the filing notes that Robert M. Roosa is the manager of the respective LLC.

Does the Texas Pacific Land (TPL) Form 4 show any stock sales by Robert M. Roosa?

No stock sales are shown. The only reported transaction is an A-coded acquisition of 554 shares at $0.00 per share as part of the stock portion of his annual board retainer. The remaining entries describe his direct and indirect holdings following this grant.

How does the December 22, 2025 stock split affect the TPL share figures in this Form 4?

The remarks state that all share amounts in the Form 4 reflect a 3-for-1 stock split that was effected on December 22, 2025. This means the reported 554-share grant and the direct and indirect ownership totals are already adjusted for the split.

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