Texas Pacific Land Corp Director Peter Doyle Acquires 5 Shares via Dividend Reinvestment
Texas Pacific Land Corp
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Filing Summary
Texas Pacific Land Corp ($TPL) - Form 4 Filing Insider: Peter Doyle (Director) Type: Purchase (Dividend Reinvestment) Shares: 5 @ $371.64 ($1,858.20) Direct Shares Owned After: 146,941 Significance: Low
Comprehensive Analysis
Transaction Overview
On September 15, 2026, Peter Doyle, a Director of Texas Pacific Land Corp ($TPL), acquired 5 shares of Common Stock at an average price of $371.64 per share, totaling approximately $1,858.20. Footnote F1 indicates this acquisition was an automatic investment conducted as part of a dividend reinvestment plan.
Holdings Context
Following the reported transaction, Peter Doyle directly holds 146,941 shares of Texas Pacific Land Corp Common Stock. In addition, indirect holdings include:
- 11,286 shares held by his spouse.
- 1,805 shares held in a trust for which his spouse serves as trustee.
Market Significance
This transaction represents a routine and nominal acquisition (<$2,000) executed via automatic dividend reinvestment rather than a discretionary open-market purchase. Given the negligible size relative to the insider's total direct position (146,941 shares), it carries low trading significance.
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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.
