Texas Pacific Land Corp 4

Horizon Kinetics Asset Management LLC reported a small open market purchase of Texas Pacific Land Corp common stock at about $414.13 per share, maintaining a multi-million-share stake.

On July 15, 2026, Horizon Kinetics Asset Management LLC reported an open market purchase of Texas Pacific Land Corp common stock at a price of approximately $414.13 per share. The Form 4 reflects a very small incremental acquisition (effectively de minimis in share count and dollar value) but clarifies Horizon Kinetics’ pecuniary interest in a much larger beneficial stake previously reported on its Schedule 13D, where it disclosed beneficial ownership of 10,109,933 shares. Following this transaction, the firm is shown as directly owning 3,263,676 shares, with an implied post-transaction position valued at roughly $1.35 billion based on the prevailing share price. The filing appears primarily to align the Form 4 ownership detail with the broader 13D reporting rather than to signal a meaningful new capital deployment.

Filing Facts

CIK

1811074

Ticker

TPL

Form

4

Source Type

sec

Accession

0001437749-26-023692

Alert Tier

6