Stephanie Buffington - 29 Dec 2023 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role: Chief Accounting Officer
Signature: /s/ Micheal W. Dobbs, attorney-in-fact
Issuer symbol: TPL
Transactions as of: 29 Dec 2023
Net transactions value: -$25,159
Form type: 4
Filing time: 02 Jan 2024, 16:40:01 UTC
Previous filing: 05 Sep 2023
Next filing: 13 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPL	Common Stock	Tax liability	$25,159	-16	-9.7%	$1572.45	149	29 Dec 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	TPL	Restricted Stock Units						130	29 Dec 2023	Common Stock	130		Direct	F2
holding	TPL	Restricted Stock Units						186	29 Dec 2023	Common Stock	186		Direct	F3
holding	TPL	Restricted Stock Units						169	29 Dec 2023	Common Stock	169		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F2	Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 64 vest on February 11, 2024 and 66 vest on February 11, 2025.
F3	Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 93 vest on September 1 of each of 2024 and 2025.
F4	Each restricted stock unit has a value equal to one share of common stock. Of such RSUs, 56 vest on February 10 of each of 2024 and 2025 and 57 vest on February 10, 2026.