4/A: Texas Pacific Land Corp Director Donald G Cook Amends SEC Filing to Reflect Stock Split

Sentiment:

SEC Filing


Director Donald G Cook files an amended SEC Form 4 to adjust shareholdings following a 3-for-1 stock split.

Summary

  • Donald G Cook, a director of Texas Pacific Land Corporation, filed an amendment to a previous SEC Form 4.
  • The amendment adjusts the number of shares beneficially owned following a 3-for-1 stock split that occurred on March 26, 2024.
  • The original transaction date was May 15, 2024, and the original filing date was May 17, 2024.
  • On May 15, 2024, Cook acquired 10 shares of Common Stock at a price of $611.17 per share.
  • Following the reported transaction, Cook beneficially owns 712 shares of Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to a stock split, which is generally neutral. The director's purchase of shares could be seen as a slightly positive signal.

Industry Context

Stock splits are a common corporate action to make shares more accessible to a wider range of investors. This filing reflects the necessary adjustments to insider holdings following such an event.

Stakeholder Impact

  • The stock split may make shares more accessible to a broader range of investors.

Key Dates

DateDescription
03/26/20243-for-1 stock split
05/15/2024Date of transaction: Purchase of Common Stock
05/17/2024Date of original filing
05/20/2024Date of amendment filing

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.