Horizon Kinetics buys 1 Texas Pacific Land share
Horizon Kinetics Asset Management LLC, a more than ten percent owner of Texas Pacific Land Corp, reported an open-market purchase of 1 share of common stock at $435.74 per share.
Rhea-AI Filing Summary
Horizon Kinetics Asset Management LLC, a more than ten percent owner of Texas Pacific Land Corp, reported an open-market purchase of 1 share of common stock at $435.74 per share. After this small transaction, the filer reports holding 3,393,563 shares of common stock directly.
A footnote notes that on May 7, 2026 Horizon Kinetics Asset Management LLC filed an amendment to its Schedule 13D reporting beneficial ownership of 10,109,933 shares, with the extent of its pecuniary interest in those shares described in that Schedule 13D.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1 shares
Net Buy
1 txn
Insider
HORIZON KINETICS ASSET MANAGEMENT LLC
Role
10% Owner
Bought
1 shs ($435.74)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1 | $435.74 | $435.74 |
Holdings After Transaction:
Common Stock — 3,393,563 shares (Direct)
Footnotes (1)
- F1. On May 7, 2026, Horizon Kinetics Asset Management LLC ("HKAM") filed an amendment to its Schedule 13D wherein it reported beneficial ownership of 10,109,933 shares. The extent of HKAM's pecuniary interest in the shares reported in the Schedule 13D are disclosed herein.
Key Figures
Shares purchased: 1 share
Purchase price: $435.74 per share
Direct holdings after trade: 3,393,563 shares
+2 more
5 metrics
Shares purchased
1 share
Open-market purchase of common stock on June 30, 2026
Purchase price
$435.74 per share
Price paid for the 1 share of common stock
Direct holdings after trade
3,393,563 shares
Common stock held directly following the transaction
Net shares bought
1 share
Net buy activity in this Form 4
Beneficial ownership (Schedule 13D)
10,109,933 shares
Shares reported as beneficially owned in May 7, 2026 Schedule 13D amendment
Key Terms
Schedule 13D, beneficial ownership, pecuniary interest, open-market purchase, +1 more
5 terms
Schedule 13D regulatory
"filed an amendment to its Schedule 13D wherein it reported beneficial ownership of 10,109,933 shares"
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 10,109,933 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.
pecuniary interest financial
"The extent of HKAM's pecuniary interest in the shares reported in the Schedule 13D are disclosed herein"
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
What insider transaction did Horizon Kinetics report for Texas Pacific Land Corp (TPL)?
Horizon Kinetics Asset Management LLC reported an open-market purchase of 1 share of Texas Pacific Land Corp common stock at $435.74 per share. This is a very small transaction relative to its overall reported holdings.
Was the Texas Pacific Land Corp (TPL) trade by Horizon Kinetics a purchase or sale?
The Form 4 shows an open-market purchase coded as transaction type “P,” meaning Horizon Kinetics Asset Management LLC bought 1 share of Texas Pacific Land Corp common stock, rather than selling or disposing of shares.
What does the Schedule 13D reference mean for Horizon Kinetics and Texas Pacific Land Corp (TPL)?
The footnote explains that on May 7, 2026 Horizon Kinetics Asset Management LLC filed a Schedule 13D amendment reporting beneficial ownership of 10,109,933 shares. That separate filing details the extent of its pecuniary interest in those shares.
Does this Horizon Kinetics Form 4 involve derivative securities of Texas Pacific Land Corp (TPL)?
No, the reported transaction involves only common stock, with no derivative securities listed. The derivative summary is empty, indicating no concurrent option, warrant, or other derivative exercises or conversions in this particular filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
