HORIZON KINETICS ASSET MANAGEMENT LLC - 05 Jan 2026 Form 4/A - Amendment Insider Report for Texas Pacific Land Corp (TPL)

Role: 10%+ Owner
Signature: /s/ Jay Kesslen, attorney-in-fact
Issuer symbol: TPL
Transactions as of: 05 Jan 2026
Net transactions value: +$297
Form type: 4/A - Amendment
Filing time: 08 Jan 2026, 16:27:14 UTC
Date Of Original Report: 07 Jan 2026
Previous filing: 05 Jan 2026
Next filing: 07 Jan 2026
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
HORIZON KINETICS ASSET MANAGEMENT LLC	10%+ Owner	470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK	/s/ Jay Kesslen, attorney-in-fact	08 Jan 2026	0001056823
STAHL MURRAY	Director	470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK	/s/ Jay Kesslen, attorney-in-fact	08 Jan 2026	0001207097

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPL	Common Stock	Purchase	$297	+1	+0%	$296.79	3,462,824	06 Jan 2026	Direct	F1, F2, F3
transaction	TPL	Common Stock	Award	$0	+554	+2.2%	$0.000000	25,268	05 Jan 2026	Direct	F4

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

Explanation of Responses:

Id	Content
F1	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 Stahl's direct interest in 7,848 shares and his indirect interest in approximately 156,083 shares. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein and reflects a three-for-one stock split effective December 22, 2025. Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.
F2	These accounts are managed by HKAM, 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 over the shares reported except to the extent of his pecuniary interest, if any.
F3	The amount of beneficial ownership previously reported was overstated due to the inclusion of Murray Stahl's direct ownership, which was reported as a separate line item. This filing reflects the corrected beneficial ownership by HKAM.
F4	Increase constitutes stock portion of annual retainer for the year of board service by Murray Stahl commencing January 1, 2026 in the amount of 554 shares, and the resulting total reflects a three-for-one stock split effective December 22, 2025.