HORIZON KINETICS ASSET MANAGEMENT LLC - 13 Jan 2026 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role: 10%+ Owner
Signature: /s/ Jay Kesslen, attorney-in-fact
Issuer symbol: TPL
Transactions as of: 13 Jan 2026
Net transactions value: +$323
Form type: 4
Filing time: 14 Jan 2026, 13:16:08 UTC
Previous filing: 13 Jan 2026
Next filing: 15 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

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	14 Jan 2026	0001056823

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPL	Common Stock	Purchase	$323	+1	+0%	$322.57	3,487,691	13 Jan 2026	Direct	F1

* 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.

Content

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.