Texas Pacific Land Corp 4

Horizon Kinetics Asset Management LLC purchased additional Texas Pacific Land Corp common shares on August 25, 2026 at about $372.58 per share, bringing its directly held stake to 3,244,017 shares.

On August 25, 2026, Horizon Kinetics Asset Management LLC, a significant shareholder of Texas Pacific Land Corp, reported an open-market purchase of Texas Pacific Land common stock at a price of approximately $372.58 per share. The Form 4 indicates this transaction increased its directly held position to 3,244,017 shares, with the footnote referencing a previously filed Schedule 13D amendment dated May 7, 2026, where Horizon Kinetics reported beneficial ownership of 10,109,933 shares, implying additional indirectly held or other reportable positions. Using the reported transaction price as a proxy, the direct post-transaction stake is valued at roughly $1.2 billion, underscoring Horizon Kinetics’ role as a large, long-term oriented holder adding incrementally to its position.

Filing Facts

CIK

1811074

Ticker

TPL

Form

4

Source Type

sec

Accession

0001437749-26-028960

Alert Tier

8