Horizon Kinetics Asset Management Llc - Apr 16, 2024 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role: 10%+ Owner
Signature: /s/ Jay Kesslen, attorney-in-fact
Stock symbol: TPL
Transactions as of: Apr 16, 2024
Transactions value $: $1,761
Form type: 4
Date filed: 4/17/2024, 04:55 PM
Previous filing: Dec 15, 2023
Next filing: Apr 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPL	Common Stock	Purchase	$1.76K	+3	+0%	$586.93	1.08M	Apr 16, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 28, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 1,271,975 shares and Murray Stahl's direct interest in 2,474 shares and his indirect interest in approximately 53,550 shares. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein. Mr. Stahl does not exercise investment discretion with respect to the securities of the issuer.
F2	Mr. Stahl's most recent 10b5-1 plan was adopted on September 14, 2023 and ended on April 15, 2024. As such, partnerships and other accounts totaling 439,059 shares in which Mr. Stahl has a controlling interest and that were reported as separate line items are included in the total shares. All accounts are managed by HKAM, 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.

Content

On February 28, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 1,271,975 shares and Murray Stahl's direct interest in 2,474 shares and his indirect interest in approximately 53,550 shares. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein. Mr. Stahl does not exercise investment discretion with respect to the securities of the issuer.

Mr. Stahl's most recent 10b5-1 plan was adopted on September 14, 2023 and ended on April 15, 2024. As such, partnerships and other accounts totaling 439,059 shares in which Mr. Stahl has a controlling interest and that were reported as separate line items are included in the total shares. All accounts are managed by HKAM, 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.