[Form 4] Texas Pacific Land Corporation Insider Trading Activity
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 ha depositato un Form 4 che segnala operazioni su Texas Pacific Land Corp (TPL). Il documento riporta una transazione datata 08/11/2025 su azioni ordinarie con codice operazione P a un prezzo di $876.27 per azione e indica la detenzione beneficiaria di 1,163,972 azioni dopo la transazione.
Una nota esplicativa dichiara che il 18 dicembre 2024 HKAM ha modificato una Schedule 13D rivelando la propriet脿 beneficiaria di 3,578,173 azioni e che Murray Stahl aveva un interesse diretto di 7,848 azioni e un interesse indiretto di circa 156,083 azioni; il documento specifica che il sig. Stahl non esercita la discrezionalit脿 negli investimenti. Il Form 4 猫 firmato da Jay Kesslen, procuratore in data 08/12/2025.
Horizon Kinetics Asset Management LLC present贸 un Form 4 informando sobre operaciones en Texas Pacific Land Corp (TPL). El registro indica una transacci贸n fechada el 08/11/2025 en acciones ordinarias con c贸digo de transacci贸n P a un precio de $876.27 por acci贸n y muestra la propiedad beneficiaria de 1,163,972 acciones tras la operaci贸n.
Una nota explicativa indica que el 18 de diciembre de 2024 HKAM enmend贸 una Schedule 13D revelando la titularidad beneficiaria de 3,578,173 acciones y que Murray Stahl ten铆a un inter茅s directo de 7,848 acciones y uno indirecto de aproximadamente 156,083 acciones; el documento especifica que el Sr. Stahl no ejerce discrecionalidad en las inversiones. El Form 4 est谩 firmado por Jay Kesslen, apoderado con fecha 08/12/2025.
Horizon Kinetics Asset Management LLC臧赌 Texas Pacific Land Corp (TPL)鞐� 雽�頃� 頇滊彊鞚� 氤搓碃頃橂姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 頃措嫻 鞁犼碃靹滊姅 08/11/2025鞛愳棎 氤错喌欤�搿� 瓯半灅旖旊摐 P鞚� 瓯半灅毳� 旮半頄堨溂氅� 欤茧嫻 $876.27鞚� 臧赌瓴╈溂搿� 氤搓碃霅� 瓯半灅 鞚错泟鞐� 1,163,972欤茧ゼ 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨潓鞚� 雮橅儉雰呺媹雼�.
靹る獏 氅旊鞐� 霐半ゴ氅� HKAM鞚� 2024雲� 12鞗� 18鞚�鞐� Schedule 13D毳� 靾橃爼頃橃棳 3,578,173欤检潣 鞁れ鞝� 靻岇湢毳� 瓿奠嫓頄堨溂氅�, Murray Stahl鞚� 7,848欤检潣 歆侅爲鞝� 鞚挫澋瓿� 鞎� 156,083欤检潣 臧勳爲鞝� 鞚挫澋鞚� 氤挫湢頄堧嫟瓿� 頃╇媹雼�; 鞁犼碃靹滊姅 Stahl 鞌岸� 韴瀽鞐� 雽�頃� 鞛焿甓岇潉 頄夓偓頃橃 鞎婋姅雼り碃 氇呾嫓頃╇媹雼�. Form 4電� Jay Kesslen, 雽�毽澑鞚� 08/12/2025鞐� 靹滊獏頄堨姷雼堧嫟.
Horizon Kinetics Asset Management LLC a d茅pos茅 un Form 4 signalant une op茅ration sur Texas Pacific Land Corp (TPL). Le d茅p么t enregistre une transaction dat茅e du 08/11/2025 portant sur des actions ordinaires avec le code de transaction P au prix de $876.27 par action et indique une d茅tention b茅n茅ficiaire de 1,163,972 actions apr猫s la transaction d茅clar茅e.
Une note explicative pr茅cise que le 18 d茅cembre 2024 HKAM a modifi茅 une Schedule 13D r茅v茅lant une propri茅t茅 b茅n茅ficiaire de 3,578,173 actions et que Murray Stahl d茅tenait un int茅r锚t direct de 7,848 actions et un int茅r锚t indirect d'environ 156,083 actions ; le d茅p么t pr茅cise que M. Stahl n'exerce pas la discr茅tion en mati猫re d'investissement. Le Form 4 est sign茅 par Jay Kesslen, mandataire en date du 08/12/2025.
Horizon Kinetics Asset Management LLC reichte ein Form 4 ein, das Transaktionen in Texas Pacific Land Corp (TPL) meldet. Die Einreichung verzeichnet eine Transaktion vom 08/11/2025 in Stammaktien mit dem Transaktionscode P zu einem Preis von $876.27 je Aktie und weist nach der gemeldeten Transaktion einen wirtschaftlichen Anteil von 1,163,972 Aktien aus.
Eine erl盲uternde Anmerkung besagt, dass HKAM am 18. Dezember 2024 eine Schedule 13D ge盲ndert hat, in der eine wirtschaftliche Eigent眉merschaft von 3,578,173 Aktien offengelegt wurde und dass Murray Stahl ein direktes Interesse von 7,848 Aktien sowie ein indirektes Interesse von etwa 156,083 Aktien hatte; die Einreichung stellt klar, dass Herr Stahl keine Anlageentscheidungsbefugnis aus眉bt. Das Form 4 ist datiert auf 08/12/2025 und von Jay Kesslen, Bevollm盲chtigter unterzeichnet.
- Transaction details disclosed: the Form 4 lists the transaction date (08/11/2025), the per-share price ($876.27), and post-transaction beneficial ownership (1,163,972 shares).
- Schedule 13D linkage: the explanatory note cites a Schedule 13D amendment disclosing 3,578,173 shares and specifies Murray Stahl's direct and indirect interests, increasing transparency.
- None.
Insights
Form 4 reports a large-position transaction: 1,163,972 TPL shares at $876.27 on 08/11/2025.
The filing provides a clear record of a reported transaction in Texas Pacific Land common stock including the execution date, the per-share price and the post-transaction beneficiary count of 1,163,972 shares. The explanatory note links this Form 4 to a prior Schedule 13D amendment disclosing 3,578,173 shares beneficially owned as of December 18, 2024, and identifies specific direct and indirect interests attributed to Murray Stahl. The filing supplies factual ownership and price data but contains no operating results, valuation context or market-cap comparisons that would permit assessment of economic impact.
Filing updates ownership disclosure and clarifies that Murray Stahl does not exercise investment discretion.
The Form 4, signed by an attorney-in-fact, documents insider-level disclosure practices by Horizon Kinetics and references a Schedule 13D amendment that quantifies beneficial ownership and pecuniary interest. The statement that Mr. Stahl does not exercise investment discretion is explicit in the filing. These facts improve transparency about who holds and controls reported TPL shares but do not, by themselves, indicate any governance action or change in control.
Horizon Kinetics Asset Management LLC ha depositato un Form 4 che segnala operazioni su Texas Pacific Land Corp (TPL). Il documento riporta una transazione datata 08/11/2025 su azioni ordinarie con codice operazione P a un prezzo di $876.27 per azione e indica la detenzione beneficiaria di 1,163,972 azioni dopo la transazione.
Una nota esplicativa dichiara che il 18 dicembre 2024 HKAM ha modificato una Schedule 13D rivelando la propriet脿 beneficiaria di 3,578,173 azioni e che Murray Stahl aveva un interesse diretto di 7,848 azioni e un interesse indiretto di circa 156,083 azioni; il documento specifica che il sig. Stahl non esercita la discrezionalit脿 negli investimenti. Il Form 4 猫 firmato da Jay Kesslen, procuratore in data 08/12/2025.
Horizon Kinetics Asset Management LLC present贸 un Form 4 informando sobre operaciones en Texas Pacific Land Corp (TPL). El registro indica una transacci贸n fechada el 08/11/2025 en acciones ordinarias con c贸digo de transacci贸n P a un precio de $876.27 por acci贸n y muestra la propiedad beneficiaria de 1,163,972 acciones tras la operaci贸n.
Una nota explicativa indica que el 18 de diciembre de 2024 HKAM enmend贸 una Schedule 13D revelando la titularidad beneficiaria de 3,578,173 acciones y que Murray Stahl ten铆a un inter茅s directo de 7,848 acciones y uno indirecto de aproximadamente 156,083 acciones; el documento especifica que el Sr. Stahl no ejerce discrecionalidad en las inversiones. El Form 4 est谩 firmado por Jay Kesslen, apoderado con fecha 08/12/2025.
Horizon Kinetics Asset Management LLC臧赌 Texas Pacific Land Corp (TPL)鞐� 雽�頃� 頇滊彊鞚� 氤搓碃頃橂姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 頃措嫻 鞁犼碃靹滊姅 08/11/2025鞛愳棎 氤错喌欤�搿� 瓯半灅旖旊摐 P鞚� 瓯半灅毳� 旮半頄堨溂氅� 欤茧嫻 $876.27鞚� 臧赌瓴╈溂搿� 氤搓碃霅� 瓯半灅 鞚错泟鞐� 1,163,972欤茧ゼ 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨潓鞚� 雮橅儉雰呺媹雼�.
靹る獏 氅旊鞐� 霐半ゴ氅� HKAM鞚� 2024雲� 12鞗� 18鞚�鞐� Schedule 13D毳� 靾橃爼頃橃棳 3,578,173欤检潣 鞁れ鞝� 靻岇湢毳� 瓿奠嫓頄堨溂氅�, Murray Stahl鞚� 7,848欤检潣 歆侅爲鞝� 鞚挫澋瓿� 鞎� 156,083欤检潣 臧勳爲鞝� 鞚挫澋鞚� 氤挫湢頄堧嫟瓿� 頃╇媹雼�; 鞁犼碃靹滊姅 Stahl 鞌岸� 韴瀽鞐� 雽�頃� 鞛焿甓岇潉 頄夓偓頃橃 鞎婋姅雼り碃 氇呾嫓頃╇媹雼�. Form 4電� Jay Kesslen, 雽�毽澑鞚� 08/12/2025鞐� 靹滊獏頄堨姷雼堧嫟.
Horizon Kinetics Asset Management LLC a d茅pos茅 un Form 4 signalant une op茅ration sur Texas Pacific Land Corp (TPL). Le d茅p么t enregistre une transaction dat茅e du 08/11/2025 portant sur des actions ordinaires avec le code de transaction P au prix de $876.27 par action et indique une d茅tention b茅n茅ficiaire de 1,163,972 actions apr猫s la transaction d茅clar茅e.
Une note explicative pr茅cise que le 18 d茅cembre 2024 HKAM a modifi茅 une Schedule 13D r茅v茅lant une propri茅t茅 b茅n茅ficiaire de 3,578,173 actions et que Murray Stahl d茅tenait un int茅r锚t direct de 7,848 actions et un int茅r锚t indirect d'environ 156,083 actions ; le d茅p么t pr茅cise que M. Stahl n'exerce pas la discr茅tion en mati猫re d'investissement. Le Form 4 est sign茅 par Jay Kesslen, mandataire en date du 08/12/2025.
Horizon Kinetics Asset Management LLC reichte ein Form 4 ein, das Transaktionen in Texas Pacific Land Corp (TPL) meldet. Die Einreichung verzeichnet eine Transaktion vom 08/11/2025 in Stammaktien mit dem Transaktionscode P zu einem Preis von $876.27 je Aktie und weist nach der gemeldeten Transaktion einen wirtschaftlichen Anteil von 1,163,972 Aktien aus.
Eine erl盲uternde Anmerkung besagt, dass HKAM am 18. Dezember 2024 eine Schedule 13D ge盲ndert hat, in der eine wirtschaftliche Eigent眉merschaft von 3,578,173 Aktien offengelegt wurde und dass Murray Stahl ein direktes Interesse von 7,848 Aktien sowie ein indirektes Interesse von etwa 156,083 Aktien hatte; die Einreichung stellt klar, dass Herr Stahl keine Anlageentscheidungsbefugnis aus眉bt. Das Form 4 ist datiert auf 08/12/2025 und von Jay Kesslen, Bevollm盲chtigter unterzeichnet.
FAQ
What transaction did Horizon Kinetics report on the TPL Form 4?
How many Texas Pacific Land (TPL) shares does Horizon Kinetics report as beneficially owned?
Who is noted in the filing as having a direct or indirect interest in TPL shares?
When was the Form 4 signed and by whom?
Does the filing provide company earnings or financial performance data?
