Texas Pacific Land Corp — Director's Dealing 2024

Mar 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Texas Pacific Land Corp (TPL)
CIK: 0001811074
Period of Report: 2024-03-18

Reporting Person: STAHL MURRAY (Director)
Reporting Person: HORIZON KINETICS ASSET MANAGEMENT LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-18	Common Stock	P	2	$1670.10	Acquired	105168	Indirect
2024-03-18	Common Stock	P	1	$1670.10	Acquired	1811	Indirect
2024-03-18	Common Stock	P	3	$1670.10	Acquired	2519	Direct
2024-03-18	Common Stock	P	2	$1670.10	Acquired	1791	Indirect
2024-03-18	Common Stock	P	1	$1670.10	Acquired	43406	Indirect
2024-03-18	Common Stock	P	3	$1670.10	Acquired	197262	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1472	Indirect
Common Stock	2484	Indirect
Common Stock	5549	Indirect
Common Stock	60	Indirect

Footnotes

F1: On February 28, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 1,271,975 shares and Murray Stahl's direct interest in 2,474 shares and his indirect interest in approximately 53,550 shares. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein, and the accounts in which Mr. Stahl has a controlling interest are reported as separate line items. Mr. Stahl does not exercise investment discretion with respect to the securities of the issuer.

F2: Purchased pursuant to a Rule 10b5-1 plan adopted on September 14, 2023.

F3: The amount of common shares of the Issuer reported excludes partnerships and other accounts in which Mr. Stahl has a controlling interest and are reported separately. These accounts are managed by HKAM, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Manager but does not participate in investment decisions with respect to the securities of the Issuer.