TPL director adds 100 shares in open-market buy

Texas Pacific Land Corp director Eric L. Oliver reported an indirect open-market purchase of 100 shares of common stock on August 21, 2025 at $881.27 per share.

Rhea-AI Filing Summary

Texas Pacific Land Corp director Eric L. Oliver reported an indirect open-market purchase of 100 shares of common stock on August 21, 2025 at $881.27 per share. The trade was made through SoftVest, L.P., bringing its reported holdings to 393,600 shares indirectly attributable to Oliver for reporting purposes. He also reports 1,089 shares held directly, plus additional indirect holdings of 6,750 shares through Debeck entities and 1,050 shares in trusts for his grandchildren, while disclaiming pecuniary interest in those indirect positions.

Insider Trade Summary

Net Buyer: 100 shares

Net Buy 4 txns

Insider OLIVER ERIC L

Role Director

Bought 100 shs ($88K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	100	$881.27	$88K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 401,400 shares (Indirect, See Footnote); Common Stock — 1,089 shares (Direct)

Footnotes (3)

1. F1. Represents shares of Common Stock held by SoftVest, L.P., a Delaware limited partnership ("SoftVest LP"). The general partner of SoftVest LP is SoftVest GP I, LLC, a Delaware limited liability company ("SV GP"). SoftVest Advisors, LLC, a Delaware limited liability company ("SoftVest Advisors") is investment manager of SoftVest LP. Mr. Oliver is the managing member of SV GP. SoftVest LP, SoftVest Advisors and Mr. Oliver may be deemed to share voting and dispositive power with respect to such shares of Common Stock. Mr. Oliver disclaims beneficial ownership of the shares of Common Stock held by SoftVest LP for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except for his pecuniary interest therein.
2. F2. Represents shares of Common Stock owned by Debeck LLC and Debeck Properties LP, which Mr. Oliver controls. Mr. Oliver has sole voting and dispositive power with respect to such shares of Common Stock, but Mr. Oliver disclaims any pecuniary interest therein.
3. F3. Represents shares of Common Stock held by trusts administered for the benefit of Mr. Oliver's grandchildren. Mr. Oliver has sole voting and dispositive power with respect to such shares of Common Stock. Mr. Oliver disclaims any pecuniary interest in such shares of Common Stock.

FAQ

What insider transaction did TPL director Eric L. Oliver report?

Eric L. Oliver reported an indirect open-market purchase of 100 shares of Texas Pacific Land Corp common stock at $881.27 per share. The transaction occurred on August 21, 2025 and was executed through SoftVest, L.P., a partnership associated with him.

How many TPL shares are now held through SoftVest, L.P.?

Following the reported transaction, SoftVest, L.P. holds 393,600 shares of Texas Pacific Land Corp common stock for Section 16 reporting purposes. Oliver may be deemed to share voting and dispositive power over these shares but disclaims beneficial ownership except for his pecuniary interest.

What direct TPL share ownership does Eric L. Oliver report?

Eric L. Oliver reports directly owning 1,089 shares of Texas Pacific Land Corp common stock after the reported activity. This direct holding is separate from his larger indirect positions held through investment entities and family-related vehicles referenced in the filing footnotes.

What other indirect TPL holdings are attributed to Eric L. Oliver?

Beyond SoftVest, L.P., the filing shows 6,750 shares held through Debeck LLC and Debeck Properties LP and 1,050 shares held in trusts for his grandchildren. Oliver has voting and dispositive power over these shares but disclaims any pecuniary interest.

Does Eric L. Oliver claim full beneficial ownership of the indirect TPL shares?

No. For shares held by SoftVest, L.P., Oliver disclaims beneficial ownership except for his pecuniary interest. For shares held by Debeck entities and grandchildren’s trusts, he disclaims any pecuniary interest, despite holding voting and dispositive power over those shares.

What role does Eric L. Oliver hold at Texas Pacific Land Corp (TPL)?

Eric L. Oliver is reported as a director of Texas Pacific Land Corp. The Form 4 identifies him in this board role and indicates that the filing is made by one reporting person, covering his direct and indirect holdings in the company’s common stock.

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Accepted by SEC EDGAR 08/22/2025 - 05:22 PM Learn about SEC filing dates

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^*

OLIVER ERIC L

(Last) (First) (Middle)

400 PINE STREET

SUITE 1010

(Street)

ABILENE TX 79601

(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)
08/21/2025

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								1,089	D
Common Stock	08/21/2025		P		100	A	$881.27	393,600	I	See Footnote(1)
Common Stock								6,750	I	See Footnote(2)
Common Stock								1,050	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. Represents shares of Common Stock held by SoftVest, L.P., a Delaware limited partnership ("SoftVest LP"). The general partner of SoftVest LP is SoftVest GP I, LLC, a Delaware limited liability company ("SV GP"). SoftVest Advisors, LLC, a Delaware limited liability company ("SoftVest Advisors") is investment manager of SoftVest LP. Mr. Oliver is the managing member of SV GP. SoftVest LP, SoftVest Advisors and Mr. Oliver may be deemed to share voting and dispositive power with respect to such shares of Common Stock. Mr. Oliver disclaims beneficial ownership of the shares of Common Stock held by SoftVest LP for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except for his pecuniary interest therein.

2. Represents shares of Common Stock owned by Debeck LLC and Debeck Properties LP, which Mr. Oliver controls. Mr. Oliver has sole voting and dispositive power with respect to such shares of Common Stock, but Mr. Oliver disclaims any pecuniary interest therein.

3. Represents shares of Common Stock held by trusts administered for the benefit of Mr. Oliver's grandchildren. Mr. Oliver has sole voting and dispositive power with respect to such shares of Common Stock. Mr. Oliver disclaims any pecuniary interest in such shares of Common Stock.

Remarks:

None of SoftVest LP, SV GP or SoftVest Advisors shall be deemed a director by deputization or subject to Section 16 of the Exchange Act.

	/s/ Micheal W. Dobbs, attorney-in-fact	08/22/2025
	** 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.