[SCHEDULE 13G] Texas Pacific Land Corporation SEC Filing

Rhea-AI Filing Summary

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.

Positive

• Material institutional stake: Reported 1,147,076 shares (≈5%) indicates significant institutional ownership in TPL.
• Managed through regulated advisers: Holdings are held via multiple SSGA affiliates classified as investment advisers, implying professional stewardship.

Negative

• No sole voting or dispositive power: State Street reports 0 shares of sole voting power and sole dispositive power, limiting unilateral influence.
• No intent to influence control: Certification states the shares are held in the ordinary course and not to change or influence control of the issuer.

Insights

Financial Analyst

TL;DR: A major custodian reports a 5% beneficial stake in TPL, held via shared voting and dispositive arrangements with SSGA affiliates.

The reported 1,147,076-share position equals the 5% disclosure threshold and signals material institutional ownership without sole control. Shared voting power of 825,085 shares and shared dispositive power of 1,147,003 shares indicate State Street exercises influence through pooled or advisory accounts rather than direct, unilateral control. The certification that holdings are in the ordinary course reduces the immediate implication of activist intent. Investors should view this as a significant passive/institutional stake, not an overt governance challenge.

Corporate Governance Expert

TL;DR: State Street's Schedule 13G discloses a non-control 5% position in TPL, managed through multiple SSGA adviser entities.

The classification as a Schedule 13G filing and the statement that holdings are ordinary-course imply no intent to influence control. The involvement of several State Street Global Advisors affiliates (identified in the filing) suggests holdings are distributed across advisory or fund vehicles, which commonly results in shared voting arrangements. From a governance perspective, this is material ownership for monitoring board and management performance but not a formal takeover or activist signal based on the information provided.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

TEXAS PACIFIC LAND CORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

88262P102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 88262P102

1

Names of Reporting Persons

STATE STREET CORPORATION

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 825,085.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,147,003.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,147,076.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TEXAS PACIFIC LAND CORP
(b)	Address of issuer's principal executive offices: 1700 PACIFIC AVENUE SUITE 2770 , DALLAS, TEXAS, 75201
Item 2.
(a)	Name of person filing: STATE STREET CORPORATION;
(b)	Address or principal business office or, if none, residence: ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)	Citizenship: MA
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 88262P102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1147076.00
(b)	Percent of class: 5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 825,085
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,147,003
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. NOT APPLICABLE
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS (JAPAN) CO., LTD. (IA);STATE STREET GLOBAL ADVISORS ASIA LIMITED (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS SINGAPORE LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. NOT APPLICABLE
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. NOT APPLICABLE

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

STATE STREET CORPORATION

Signature:	ELIZABETH SCHAEFER
Name/Title:	SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:	08/08/2025

FAQ

How many Texas Pacific Land (TPL) shares does State Street Corporation report owning?

State Street Corporation reports beneficial ownership of 1,147,076 shares of TPL common stock.

What percentage of TPL does State Street own according to the filing?

The reported holdings represent approximately 5% of the class of TPL common stock.

Does State Street have sole voting or dispositive power over the TPL shares?

No. The filing reports 0 shares of sole voting power and 0 shares of sole dispositive power; voting and dispositive powers are reported as shared.

Through what entities are the TPL shares held or managed?

The filing lists several State Street Global Advisors affiliates (e.g., SSGA Funds Management, State Street Global Advisors Europe Limited) as investment-adviser subsidiaries managing the positions.

Does the filing state that the shares were acquired to influence control of TPL?

No. The filing includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.