Form 4: Horizon Kinetics Asset Management LLC Increases Stake in Texas Pacific Land Corp

Horizon Kinetics Asset Management LLC reports the acquisition of 1 share of Texas Pacific Land Corp, increasing their total holdings to 1,166,988 shares.

Summary

• Horizon Kinetics Asset Management LLC (HKAM) has reported a transaction involving Texas Pacific Land Corp (TPL) shares.
• On January 30, 2025, HKAM acquired 1 share of TPL common stock at a price of $1,308.12.
• Following this transaction, HKAM's total beneficial ownership of TPL shares stands at 1,166,988.
• This transaction was reported in a Form 4 filing with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: The document is a routine filing of a share transaction, with no indication of positive or negative sentiment. It is a neutral event.

Industry Context

This filing reflects ongoing trading activity in Texas Pacific Land Corp shares, a company in the land and resource management sector. Such filings are common and provide transparency into the ownership changes of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and major shareholders of publicly traded companies.
• The transaction is relatively small in terms of volume, suggesting it is not a major shift in ownership structure.
• Comparable filings can be seen from other major shareholders in similar companies, such as those in the oil and gas or land management sectors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders due to the small volume of shares traded.
• The filing provides transparency to the market regarding the ownership of Texas Pacific Land Corp.

Key Dates

Keywords

Texas Pacific Land Corp, Horizon Kinetics Asset Management, TPL, share acquisition, beneficial ownership, SEC Form 4, stock transaction