MURRAY STAHL - 01 Jan 2025 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role: Director
Signature: /s/ Jay Kesslen, attorney-in-fact
Issuer symbol: TPL
Transactions as of: 01 Jan 2025
Net transactions value: +$1,219
Form type: 4
Filing time: 06 Jan 2025, 15:50:54 UTC
Previous filing: 02 Jan 2025
Next filing: 03 Jan 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	Award	$0	+132	+1.7%	$0.000000	7,980	01 Jan 2025	Direct	F1
transaction	TPL	Common Stock	Purchase	$1,219	+1	+0%	$1219.30	1,160,069	03 Jan 2025	Horizon Kinetics Asset Management LLC	F2

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

Explanation of Responses:

Id	Content
F1	Constitutes stock portion of annual retainer for the year of board service by the Reporting Person commencing January 1, 2025.
F2	On December 18, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 3,578,173 shares and Murray Stahls direct interest in 7,848 shares and his indirect interest in approximately 156,083 shares. The extent of HKAMs 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.

Content

Constitutes stock portion of annual retainer for the year of board service by the Reporting Person commencing January 1, 2025.

On December 18, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 3,578,173 shares and Murray Stahls direct interest in 7,848 shares and his indirect interest in approximately 156,083 shares. The extent of HKAMs 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.