Form 4: Horizon Kinetics Asset Management LLC Reports Purchase of Texas Pacific Land Corp Stock
SEC Form 4
Horizon Kinetics Asset Management LLC reports purchasing 1 share of Texas Pacific Land Corp stock at $1,184.55 on December 17, 2024.
Summary
- On December 17, 2024, Horizon Kinetics Asset Management LLC purchased 1 share of Texas Pacific Land Corp (TPL) stock.
- The purchase price was $1,184.55 per share.
- Following the transaction, Horizon Kinetics Asset Management LLC beneficially owns 1,138,392 shares of TPL.
- The reporting person, Horizon Kinetics Asset Management LLC, is a 10% owner of Texas Pacific Land Corp.
- Murray Stahl has a direct interest in 7,848 shares and an indirect interest in approximately 156,083 shares.
- Mr. Stahl does not exercise investment discretion with respect to the securities of the issuer.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock purchase, so the sentiment is neutral.
Management Comments
- Mr. Stahl does not exercise investment discretion with respect to the securities of the issuer.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency when corporate insiders and major shareholders transact in their company's stock.
Key Dates
| Date | Description |
|---|---|
| 12/17/2024 | Date of transaction: Horizon Kinetics Asset Management LLC purchased 1 share of Texas Pacific Land Corp stock. |
| 12/18/2024 | Date of signature: Form 4 signed by Jay Kesslen, attorney-in-fact. |
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