TPL CEO gets 5,726 RSUs, surrenders shares for tax
Texas Pacific Land Corp director and President & CEO Tyler Glover reported equity compensation and related tax-share settlements.
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Rhea-AI Filing Summary
Texas Pacific Land Corp director and President & CEO Tyler Glover reported equity compensation and related tax-share settlements. On February 15, 2026, he received a grant of 5,726 restricted stock units (RSUs), each equal to one share of common stock. On that date, 1,626 RSUs converted into 1,626 common shares, and earlier on February 13, 2026, 3,807 RSUs converted into 3,807 common shares, all at a stated price of $0.0000 per share.
To cover tax withholding obligations associated with these vestings, Glover disposed of 1,612 common shares on February 13, 2026 and 688 common shares on February 15, 2026 at a reported price of $432.31 per share by surrendering them back to the issuer. Following these transactions, his directly held common stock position was reported at 44,171 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,626 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,726 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,626 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 688 | $432.31 | $297K |
| Exercise | Restricted Stock Units | 3,807 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,807 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,612 | $432.31 | $697K |
Footnotes (5)
- F1. Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- F2. Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
- F3. Each RSU has a value equal to one share of common stock. Of such RSUs, 3,807 vested on February 13, 2026 and 3,807 vest on February 13, 2027.
- F4. Each RSU has a value equal to one share of common stock. Of such RSUs, 1,626 vested on February 15, 2026 and 1,626 vest on February 15 of each of 2027 and 2028.
- F5. Each RSU has a value equal to one share of common stock. Of such RSUs, 1,908 vest on February 15, 2027 and 1,909 vest on February 15 of each of 2028 and 2029.
FAQ
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What equity awards did Texas Pacific Land (TPL) CEO Tyler Glover receive?
How many Texas Pacific Land (TPL) RSUs vested for CEO Tyler Glover?
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