STEPHANIE BUFFINGTON - 29 Aug 2025 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 Aug 2025
Net transactions value
-$264,911
Form type
4
Filing time
03 Sep 2025, 16:15:19 UTC
Previous filing
18 Feb 2025
Next filing
12 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BUFFINGTON STEPHANIE Chief Accounting Officer C/O TEXAS PACIFIC LAND CORPORATION, 1700 PACIFIC AVENUE, SUITE 2900, DALLAS /s/ Micheal W. Dobbs, attorney-in-fact 03 Sep 2025 0001287302

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPL Common Stock Sale $150,093 -162 -17% $926.50 794 29 Aug 2025 Direct
transaction TPL Common Stock Options Exercise +279 +35% 1,073 01 Sep 2025 Direct F1
transaction TPL Common Stock Tax liability $114,818 -123 -11% $933.48 950 01 Sep 2025 Direct F2

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
transaction TPL Restricted Stock Units Options Exercise $0 -279 -100% $0.000000 0 01 Sep 2025 Common Stock 279 Direct F3
holding TPL Restricted Stock Units 171 29 Aug 2025 Common Stock 171 Direct F4
holding TPL Restricted Stock Units 576 29 Aug 2025 Common Stock 576 Direct F5
holding TPL Restricted Stock Units 257 29 Aug 2025 Common Stock 257 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
F3 Each RSU has a value equal to one share of common stock. All 279 of such RSUs vested on September 1, 2025.
F4 Each RSU has a value equal to one share of common stock. All 171 of such RSUs will vest on February 10, 2026.
F5 Each RSU has a value equal to one share of common stock. Of such RSUs, 288 will vest on February 13 of each of 2026 and 2027.
F6 Each RSU has a value equal to one share of common stock. Of such RSUs, 85 will vest on February 15, 2026 and 86 will vest on February 15 of each of 2027 and 2028.