Micheal W. Dobbs - 13 Mar 2025 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role
Senior VP, Secretary and GC
Signature
/s/ Micheal W. Dobbs
Issuer symbol
TPL
Transactions as of
13 Mar 2025
Transactions value $
-$1,462,249
Form type
4
Filing time
17 Mar 2025, 20:40:44 UTC
Previous filing
18 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 -$76.7K -60 -2.36% $1,277.68 2.48K 13 Mar 2025 Direct
transaction TPL Common Stock Sale -$25.4K -20 -0.81% $1,269.67 2.46K 13 Mar 2025 Direct
transaction TPL Common Stock Sale -$1.36M -1.07K -43.44% $1,271.21 1.39K 13 Mar 2025 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 804 13 Mar 2025 Common Stock 804 Direct F1
holding TPL Restricted Stock Units 273 13 Mar 2025 Common Stock 273 Direct F2
holding TPL Restricted Stock Units 456 13 Mar 2025 Common Stock 456 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. Of such RSUs, 402 will vest on February 13 of each of 2026 and 2027.
F2 Each RSU has a value equal to one share of common stock. All 273 of such RSUs will vest on February 10, 2026.
F3 Each RSU has a value equal to one share of common stock. Of such RSUs, 152 will vest on February 15 of each of 2026, 2027 and 2028.