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

Role
Chief Financial Officer
Signature
/s/ Micheal W. Dobbs, attorney-in-fact
Issuer symbol
TPL
Transactions as of
14 Nov 2024
Net transactions value
-$469,000
Form type
4
Filing time
15 Nov 2024, 16:24:48 UTC
Previous filing
15 Feb 2024
Next filing
12 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Sale $469,000 -350 -17% $1340.00 1,672 14 Nov 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 14 Nov 2024 Common Stock 516 Direct F1
holding TPL Restricted Stock Units 846 14 Nov 2024 Common Stock 846 Direct F2
holding TPL Restricted Stock Units 2,072 14 Nov 2024 Common Stock 2,072 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.