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

Insider Transaction Overview

On September 21, 2026, Horizon Kinetics Asset Management LLC, a reported 10% beneficial owner of Texas Pacific Land Corp ($TPL), executed an open-market purchase of 1 share of Common Stock at $348.98.

Transaction Details

• Date of Transaction: September 21, 2026
• Reporting Entity: Horizon Kinetics Asset Management LLC
• Relationship: 10% Owner
• Security: Common Stock
• Transaction Code: P (Open-market or private purchase)
• Shares Acquired: 1
• Price Per Share: $348.98
• Total Consideration: $348.98
• Ownership Post-Transaction: 3,390,851 shares held directly (with 10,109,933 shares reported beneficially owned in Schedule 13D amendments)

Trading Significance

This transaction has Low trading significance. Horizon Kinetics routinely executes nominal open-market purchases of Texas Pacific Land stock. While the entity maintains a multi-million-share stake, the acquisition of a single share carries negligible market weight.