Form 4: Horizon Kinetics Discloses TPL Stake Changes
Statement of Changes in Beneficial Ownership
Horizon Kinetics Asset Management LLC reports a transaction involving Texas Pacific Land Corp common stock.
Summary
- Horizon Kinetics Asset Management LLC (HKAM) reported a transaction on April 10, 2026, involving Texas Pacific Land Corp (TPL) common stock.
- HKAM acquired 1 share of common stock at a price of $407.06.
- Following this transaction, HKAM beneficially owns 3,435,494 shares of TPL common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it reports a minor transaction and confirms existing significant ownership without providing new strategic or financial information.
Positives
- Horizon Kinetics Asset Management LLC continues to hold a significant direct beneficial ownership stake in Texas Pacific Land Corp.
Negatives
- The filing indicates a single share acquisition, which is a very small transaction in the context of the overall beneficial ownership reported.
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 crucial for tracking insider and significant shareholder activity, providing transparency into ownership changes for companies like Texas Pacific Land Corp.
Stakeholder Impact
- Shareholders: Provides transparency on a significant holder's transactions, though the reported transaction is minimal.
Key Dates
| Date | Description |
|---|---|
| 04/10/2026 | Transaction Date for acquisition of common stock. |
| 03/26/2026 | Date of amendment to Schedule 13D reporting beneficial ownership of 10,050,070 shares. |
| 04/13/2026 | Date of signature for the Form 4 filing. |
Keywords
Texas Pacific Land Corp, TPL, Horizon Kinetics Asset Management LLC, Form 4, Beneficial Ownership, Securities 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.