Texas Pacific Land (TPL) director Roosa reports 554-share board retainer grant
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 554 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Constitutes stock portion of annual retainer for the year of board service by the Reporting Person commencing January 1, 2026. These securities are held by RSR Resources & Minerals Unvested, LLC, of which the Reporting Person is the manager. These securities are held by RSR Resources & Minerals Vested, LLC, of which the Reporting Person is the manager.
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.
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.