TPL.NYSETexas Pacific Land CORP

Form 4: Horizon Kinetics Asset Management LLC Reports Purchase of Texas Pacific Land Corp Shares

Sentiment:

SEC Form 4

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Horizon Kinetics Asset Management LLC reports purchasing 3 shares of Texas Pacific Land Corp (TPL) at $606.71 per share on May 13, 2024.

Summary

  • On May 13, 2024, Horizon Kinetics Asset Management LLC purchased 3 shares of Texas Pacific Land Corp (TPL) common stock.
  • The purchase price was $606.71 per share.
  • Following the transaction, Horizon Kinetics Asset Management LLC beneficially owns 1,084,992 shares.
  • Horizon Kinetics Asset Management LLC filed an amendment to its Schedule 13D on February 28, 2024, noting beneficial ownership of 1,271,975 shares.
  • Murray Stahl's direct interest is in 2,474 shares and his indirect interest is in approximately 53,550 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't convey strong positive or negative sentiment.

Industry Context

This filing reflects ongoing transactions and ownership adjustments by significant shareholders in Texas Pacific Land Corp, which is common in the investment management industry.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership percentage.

Key Dates

DateDescription
02/28/2024Horizon Kinetics Asset Management LLC filed an amendment to its Schedule 13D, noting beneficial ownership of 1,271,975 shares.
05/13/2024Horizon Kinetics Asset Management LLC purchased 3 shares of Texas Pacific Land Corp at $606.71 per share.
05/14/2024Date of signature for the Form 4 filing.

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