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Horizon Kinetics Asset Management Purchases 1 Share of Texas Pacific Land Corp ($TPL)

Low SignificanceSeptember 2, 2026 at 1:37:29 PM EDT

Texas Pacific Land Corp

$TPL4CIK: 0001811074

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Filing Summary

Form 4 Alert: Texas Pacific Land Corp ($TPL) Insider: HORIZON KINETICS ASSET MANAGEMENT LLC (10% Owner) Transaction: Purchase | 1 Share @ $369.10 ($369.10 total) Shares Owned Following: 3,242,743 shares (Direct) Significance: Low

Comprehensive Analysis

Insider Transaction Summary: Texas Pacific Land Corp ($TPL)

Overview

On September 2, 2026, Horizon Kinetics Asset Management LLC, a 10% beneficial owner of Texas Pacific Land Corp, reported an open-market purchase of Common Stock executed on September 1, 2026.

Key Transaction Details

  • Security: Common Stock
  • Transaction Code: P (Open market or private purchase)
  • Shares Transacted: 1 share
  • Price Per Share: $369.10
  • Total Transaction Value: $369.10
  • Post-Transaction Direct Holdings: 3,242,743 shares

Footnote Disclosures

  1. Footnote 1: Horizon Kinetics reported beneficial ownership of 10,109,933 shares in an amended Schedule 13D filed on May 7, 2026. The Form 4 reflects the extent of Horizon Kinetics' pecuniary interest.
  2. Footnote 2: Reported post-transaction holdings reflect a reduction of 1,279 shares delivered without consideration in connection with a client in-kind redemption.

Significance Assessment

  • Trading Significance: Low. The purchase of a single share ($369.10) represents a nominal transaction relative to Horizon Kinetics' multimillion-share direct and indirect position in Texas Pacific Land Corp.
Topics:#TPL#TexasPacificLand#InsiderTrading#HorizonKinetics#SEC

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