Form 4: Horizon Kinetics Discloses TPL Stake Changes
Statement of Changes in Beneficial Ownership
Horizon Kinetics Asset Management LLC reports changes in beneficial ownership of Texas Pacific Land Corp. (TPL) common stock.
Summary
- Horizon Kinetics Asset Management LLC (HKAM) has reported a transaction involving Texas Pacific Land Corp. (TPL) common stock.
- On May 13, 2026, HKAM acquired 1 share of TPL common stock at a price of $381.1.
- Following this transaction, HKAM beneficially owns 3,395,611 shares of TPL common stock, held directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine change in beneficial ownership without significant financial performance data or strategic shifts.
Positives
- Horizon Kinetics Asset Management LLC continues to hold a significant direct beneficial ownership in Texas Pacific Land Corp.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for significant shareholders and directors, indicating changes in beneficial ownership. This filing specifically details a minor transaction by Horizon Kinetics Asset Management LLC concerning Texas Pacific Land Corp. (TPL), a company operating in the land and resource management sector.
Stakeholder Impact
- Shareholders: The filing provides transparency regarding the holdings of a significant entity, Horizon Kinetics Asset Management LLC, which can inform investor decisions.
- Management: The transaction may be of interest to TPL management as it relates to the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Transaction Date for acquisition of TPL common stock by Horizon Kinetics Asset Management LLC. |
| 05/14/2026 | Date of signature for the Form 4 filing. |
| 05/07/2026 | Date of amendment to Schedule 13D by Horizon Kinetics Asset Management LLC reporting beneficial ownership of 10,109,933 shares. |
Keywords
Texas Pacific Land Corp, TPL, Horizon Kinetics Asset Management LLC, Form 4, Beneficial Ownership, Securities, Stock Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.