Form 4: Texas Pacific Land Corp Director Donna E. Epps Reports Share Transactions

Director Donna E. Epps of Texas Pacific Land Corp reports the sale and purchase of common stock shares on February 25, 2025, to move shares between personal accounts.

Summary

• On February 25, 2025, Donna E. Epps, a director of Texas Pacific Land Corporation, engaged in transactions involving the company's common stock.
• Epps sold 275 shares at a price of $1,271.41 per share.
• Simultaneously, Epps purchased 275 shares at a price of $1,273.32 per share.
• These transactions were conducted to move shares between personal accounts.
• Following these transactions, Epps directly owns 789 shares of common stock.
• Epps has agreed to voluntarily disgorge to Texas Pacific Land Corporation any profits realized from matchable transactions occurring within less than six months of the reported transactions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they involve a relatively small number of shares and are conducted to move shares between personal accounts.
• The agreement to disgorge profits from matchable transactions within six months protects the company from potential insider trading concerns.

Key Dates