Chris Steddum - Nov 14, 2024 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role
Chief Financial Officer
Signature
/s/ Micheal W. Dobbs, attorney-in-fact
Stock symbol
TPL
Transactions as of
Nov 14, 2024
Transactions value $
-$469,000
Form type
4
Date filed
11/15/2024, 04:24 PM
Previous filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Sale -$469K -350 -17.31% $1,340.00 1.67K Nov 14, 2024 Direct

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 516 Nov 14, 2024 Common Stock 516 Direct F1
holding TPL Restricted Stock Units 846 Nov 14, 2024 Common Stock 846 Direct F2
holding TPL Restricted Stock Units 2.07K Nov 14, 2024 Common Stock 2.07K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") has a value equal to one share of common stock. All of the RSUs reported vest on February 11, 2025.
F2 Each RSU has a value equal to one share of common stock. Of such RSUs, 423 vest on February 10 of each of 2025 and 2026.
F3 Each RSU has a value equal to one share of common stock. Of such RSUs, 690 vest on February 13, 2025 and 691 vest on February 13 of each of 2026 and 2027.

Remarks:

All share amounts reflect the 3-for-1 stock split effected on March 26, 2024.