Texas Pacific Ld SEC Filings

Horizon Kinetics Asset Management LLC filed a Form 4 reporting activity in Texas Pacific Land Corp (TPL). The filing records a transaction dated 08/11/2025 in Common Stock with transaction code P at a price of $876.27 per share and shows 1,163,972 shares beneficially owned following the reported transaction.

An explanatory note states that on December 18, 2024 HKAM amended a Schedule 13D disclosing beneficial ownership of 3,578,173 shares and that Murray Stahl had a direct interest of 7,848 shares and an indirect interest of approximately 156,083 shares; the filing specifies Mr. Stahl does not exercise investment discretion. The Form 4 is signed by Jay Kesslen, attorney-in-fact dated 08/12/2025.

Horizon Kinetics Asset Management LLC (HKAM) reported a purchase of Texas Pacific Land Corporation (TPL) common stock on 08/08/2025 at a reported price of $868.97 per share. The reported transaction is coded as a purchase and the Form 4 shows HKAM's beneficial ownership following the reported transaction as 1,163,971 shares (direct).

The filing references an earlier Schedule 13D amendment that disclosed HKAM's beneficial ownership of 3,578,173 shares and shows Murray Stahl's direct interest of 7,848 shares and indirect interest of approximately 156,083 shares. The filing states Mr. Stahl does not exercise investment discretion over the issuer's securities.

State Street Corporation reports beneficial ownership of 1,147,076 shares of Texas Pacific Land Corporation common stock, representing approximately 5% of the class. The filing shows no sole voting or dispositive power; voting authority is reported as shared (825,085 shares) and shared dispositive power is reported as 1,147,003 shares. State Street identifies itself as a holding company (HC) and lists multiple State Street Global Advisors affiliates as investment-adviser subsidiaries that hold or manage the reported positions.

The filing includes a certification that the securities are held in the ordinary course of business and were not acquired to influence control of the issuer. No additional transactions, intent to change control, or third-party beneficial owners are disclosed in this statement.

The board approved the Fourth Amended and Restated Bylaws to add a proxy access right and make conforming, clarifying and administrative changes. Under the new bylaws, a stockholder or a group of up to 20 stockholders that has continuously owned at least 3% of outstanding common stock for three consecutive years may nominate the greater of two or 25% of the board, provided nominees meet the bylaws' eligibility, procedural, content and notice requirements. Nomination notices generally must be delivered between the close of business on the 150th day and the 120th day before the anniversary of the prior year’s annual meeting, with specified exceptions if meeting timing changes. The full bylaw text is filed as Exhibit 3.1.

A Form 4 filed on 08-08-2025 discloses that 10% owner Horizon Kinetics Asset Management LLC (HKAM) purchased 1 share of Texas Pacific Land Corp. (TPL) common stock on 08-07-2025 at $899.77 per share. The “P” transaction code indicates an open-market buy. After the immaterial transaction, HKAM’s direct holdings rise to 1,163,970 shares. No derivative securities were reported, and there were no sales or other changes in ownership structure. The filing contains no operational or financial guidance; it solely updates insider ownership.

Texas Pacific Land Corp. (TPL) – Form 4, filed 07 Aug 2025: Horizon Kinetics Asset Management LLC (HKAM), a 10% owner, reported buying 1 share of TPL common stock on 06 Aug 2025 at $955.47 per share. Following this de-minimis purchase, HKAM now directly holds 1,163,969 shares. No derivative securities were involved.

The filing references HKAM’s 18 Dec 2024 Schedule 13D amendment, which disclosed beneficial ownership of 3,578,173 shares, plus Murray Stahl’s 7,848 directly held shares and an indirect interest in ~156,083 shares. The Form 4 clarifies that Mr. Stahl exercises no investment discretion over the issuer’s securities. The report is signed by Jay Kesslen as attorney-in-fact. No other insider activity, option grants, or sales were disclosed.

Summary: Texas Pacific Land Corporation filed a Form 8-K dated August 6, 2025, furnishing a press release (Exhibit 99.1) that announces financial results for the three and six months ended June 30, 2025, released to the press on August 6, 2025. The Company also posted an updated investor presentation (Exhibit 99.2) to its website, which includes a link to a video featuring CEO Tyler Glover. The Item 7.01 disclosure and Exhibits 99.1 and 99.2 are furnished and are not deemed "filed" under Section 18 of the Exchange Act. The report is signed by CFO Chris Steddum on August 6, 2025. The Company’s common stock trades on the NYSE under the symbol TPL.

On 08/05/2025, Horizon Kinetics Asset Management LLC (HKAM) — a 10% owner of Texas Pacific Land Corp (TPL) — reported the purchase of 1 share of TPL common stock at $950.14 per share. Following the transaction, HKAM’s direct beneficial ownership increased to 1,163,968 shares. No derivative securities were involved and there were no other changes to ownership structure disclosed. Given the de-minimis size of the trade relative to HKAM’s existing position, the filing does not indicate a material shift in insider sentiment or corporate outlook.