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TEXAS PACIFIC LAND CORP (TPL)

STEDDUM CHRIS 🔴 sold 10.4K shares (3 derivative) of Texas Pacific Land Corp (TPL) at $401.18 ($1.6M) Transaction Date: Jun 05, 2026 | Filing ID: 071971

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  • News bot June 9, 2026, 11:01 p.m.

    🔍 STEDDUM CHRIS (Executive)

    Company: Texas Pacific Land Corp (TPL)

    Report Date: 2026-06-05

    Transaction Summary:

    • Total transactions: 6
    • Derivative instruments: 3
    • Holdings reported: 3
    • Total shares sold: 4,000
    • Total shares held: 6,422

    Detailed Transactions and Holdings:

    • Sold 3,170 shares of Common Stock at $400.25 per share (Direct)
      Date: 2026-06-05 | Code: S | equity_swap_involved: 0 | shares_owned_after: 12,870.00 | transaction_form_type: 4 | Footnotes: F1, F2
    • Sold 730 shares of Common Stock at $400.21 per share (Direct)
      Date: 2026-06-08 | Code: S | equity_swap_involved: 0 | shares_owned_after: 12,140.00 | transaction_form_type: 4 | Footnotes: F1, F3
    • Sold 100 shares of Common Stock at $401.18 per share (Direct)
      Date: 2026-06-08 | Code: S | equity_swap_involved: 0 | shares_owned_after: 12,040.00 | transaction_form_type: 4 | Footnotes: F1, F4
    • Holds 2,079 shares of Restricted Stock Units (Derivative)
      Date: 2026-06-05 | Code: H | shares_owned_after: 2,079.00 | Footnotes: F5, F5, F5
    • Holds 1,590 shares of Restricted Stock Units (Derivative)
      Date: 2026-06-05 | Code: H | shares_owned_after: 1,590.00 | Footnotes: F6, F6, F6
    • Holds 2,753 shares of Restricted Stock Units (Derivative)
      Date: 2026-06-05 | Code: H | shares_owned_after: 2,753.00 | Footnotes: F7, F7, F7

    Footnotes:

    • F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
    • F2: The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $400.00 to $400.98, inclusive. The reporting person undertakes to provide to Texas Pacific Land Corporation (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in the transaction at each separate price within the range set forth in this footnote.
    • F3: The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $400.00 to $400.77, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in the transaction at each separate price within the range set forth in this footnote.
    • F4: The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $401.05 to $401.34, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in the transaction at each separate price within the range set forth in this footnote.
    • F5: Each restricted stock unit ("RSU") has a value equal to one share of common stock. All of the RSUs reported vest on February 13, 2027.
    • F6: Each RSU has a value equal to one share of common stock. Of such RSUs, 795 vest on February 15 of each of 2027 and 2028.
    • F7: Each RSU has a value equal to one share of common stock. Of such RSUs, 917 vest on February 15, 2027 and 918 vest on February 15 of each of 2028 and 2029.

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