Form 4: Horizon Kinetics Asset Management LLC Reports Transaction in Texas Pacific Land Corp (TPL)
SEC Form 4 Filing
Horizon Kinetics Asset Management LLC reports the purchase of 3 shares of Texas Pacific Land Corp (TPL) at $820.17 per share on August 13, 2024.
Summary
- On August 13, 2024, Horizon Kinetics Asset Management LLC purchased 3 shares of Texas Pacific Land Corp (TPL) common stock.
- The purchase price was $820.17 per share.
- Following the transaction, Horizon Kinetics Asset Management LLC beneficially owns 1,085,119 shares of TPL.
- The reporting person, Horizon Kinetics Asset Management LLC, is a 10% owner of Texas Pacific Land Corp.
- Murray Stahl does not exercise investment discretion with respect to the securities of the issuer.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and significant shareholders, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, noting beneficial ownership of 1,271,975 shares and Murray Stahl's direct interest in 2,474 shares and his indirect interest in approximately 53,550 shares. |
| 08/13/2024 | Horizon Kinetics Asset Management LLC purchased 3 shares of Texas Pacific Land Corp (TPL) common stock at $820.17 per share. |
| 08/14/2024 | Date of signature for the Form 4 filing. |
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