| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TPL | Common Stock | Purchase | $1.54K | +1 | +0% | $1,537.95 | 43.3K | Jul 31, 2023 | Polestar Offshore Fund Ltd | F1, F2 |
| transaction | TPL | Common Stock | Purchase | $3.09K | +2 | +0% | $1,544.00 | 105K | Jul 31, 2023 | Horizon Kinetics Hard Assets LLC | F1, F2 |
| transaction | TPL | Common Stock | Purchase | $1.54K | +1 | +0.06% | $1,544.00 | 1.72K | Jul 31, 2023 | Horizon Credit Opportunity Fund LP | F1, F2 |
| transaction | TPL | Common Stock | Purchase | $3.09K | +2 | +0.13% | $1,544.00 | 1.6K | Jul 31, 2023 | Horizon Common Inc | F1, F2 |
| transaction | TPL | Common Stock | Purchase | $4.63K | +3 | +0.14% | $1,544.00 | 2.15K | Jul 31, 2023 | Direct | F2, F3 |
| holding | TPL | Common Stock | 198K | Jul 31, 2023 | Horizon Kinetics Asset Management LLC | F4, F5 | |||||
| holding | TPL | Common Stock | 1.47K | Jul 31, 2023 | Horizon Kinetics Hard Assets II LLC | F1 | |||||
| holding | TPL | Common Stock | 2.48K | Jul 31, 2023 | CDK Partners LP | F1 | |||||
| holding | TPL | Common Stock | 5.55K | Jul 31, 2023 | CDK Fund Ltd | F1 | |||||
| holding | TPL | Common Stock | 60 | Jul 31, 2023 | Spouse | F1 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any. |
| F2 | Purchased pursuant to a Rule 10b5-1 plan adopted on March 15, 2023. |
| F3 | Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. |
| F4 | The amount reported as held following the transaction excludes approximately 1,206,558 shares as noted in Horizon's Schedule 13D filed on January 26, 2023, for which Horizon does not have a pecuniary interest and also excludes shares purchased by portfolio managers and other employees of the firm for their personal accounts. |
| F5 | The amount of common shares of the Issuer reported excludes partnerships and other accounts in which Mr. Stahl has a controlling interest and are reported separately. These accounts are managed by Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Manager but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any. |