Horizon Kinetics Asset Management Purchases 1 Share of Texas Pacific Land Corp ($TPL)
Texas Pacific Land Corp
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Filing Summary
Form 4 Alert: Texas Pacific Land Corp ($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
- 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.
- 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.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
