Texas Pacific Land (TPL) 10% owner Horizon Kinetics Asset Management bought 1 share for $413 at $413.24
Insider transactions reported
Horizon Kinetics Asset Management Llc (10% owner at Texas Pacific Land Corporation, TPL) reported that they bought 1 share for $413 at $413.24 on Feb 12, 2026. After these transactions the filing shows 3,479,372 shares held directly.
- Reporting person
- Horizon Kinetics Asset Management Llc
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 12, 2026 | Open-market purchase (P) | Common Stock1 | +1 | $413.24 | $413 | 3,479,372 direct |
Holdings before and after
- Common Stock: 3,479,371 to 3,479,372 direct
Footnotes from the filing
- 1. 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.
Transaction codes in this filing
- Open-market purchase:
- Code P marks a purchase in the open market or a private deal. The insider paid for these securities.
FAQ
What did Horizon Kinetics Asset Management report in this TPL Form 4?
Horizon Kinetics Asset Management Llc (10% owner at Texas Pacific Land Corporation, TPL) reported that they bought 1 share for $413 at $413.24 on Feb 12, 2026. After these transactions the filing shows 3,479,372 shares held directly.
How many TPL shares does Horizon Kinetics Asset Management hold after this filing?
The filing shows 3,479,372 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code P mean on an SEC Form 4?
Code P marks a purchase in the open market or a private deal. The insider paid for these securities.
Historical context for TPL
Across the 5 sessions after earlier TPL headlines, the stock closed higher 3 times and lower 2 times, with a median move of 1.5% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | TPL | SPY |
|---|---|---|---|
| Jan 22, 2026 | Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call | -0.1% | +0.5% |
| Dec 17, 2025 | Bolt and TPL Announce Strategic Agreement to Pursue Data Center Development in West Texas | +7.6% | -1.1% |
| Dec 3, 2025 | Texas Pacific Land Corporation Announces Effective Date of Previously Announced Three-for-One Stock Split | +5.8% | +0.3% |
| Dec 2, 2025 | KeyBanc Capital Markets initiated coverage on Texas Pacific Land Trust with a new price target | +1.3% | +0.2% |
| Oct 28, 2025 | Texas Pacific Land Corporation Completes Inaugural $500 Million Credit Facility | -1.5% | +0.3% |
Earlier insider filings at TPL
- Feb 12, 2026Chief Financial Officer Steddum Chris converted options into 1,269 shares, covered exercise/tax liability with 3,642 shares and was granted 6,393 shares, increasing direct ownership by 38% to 14,526 units (SEC Form 4)
- Feb 12, 2026Chief Accounting Officer Buffington Stephanie converted options into 513 shares and covered exercise/tax liability with 245 shares, increasing direct ownership by 9% to 3,118 units (SEC Form 4)
- Feb 12, 2026President & CEO Glover Tyler converted options into 2,664 shares, covered exercise/tax liability with 6,780 shares and was granted 13,327 shares, increasing direct ownership by 29% to 41,038 units (SEC Form 4)
- Feb 12, 2026Senior VP, Secretary and GC Dobbs Micheal W. covered exercise/tax liability with 2,211 shares, was granted 4,132 shares and converted options into 819 shares, increasing direct ownership by 66% to 6,919 units (SEC Form 4)
- Feb 12, 2026Large owner Horizon Kinetics Asset Management Llc bought $408 worth of shares (1 units at $407.53), increasing direct ownership by 0.00% to 3,479,371 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil & Gas Production
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