Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| CROSS TIMBERS ROYALTY TRUSTCRT · Entity 1965 | 10% owner | October 12, 2026 | October 14, 2026 |
| PERMIAN BASIN ROYALTY TRUSTPBT · Entity 4656 | 10% owner | December 19, 2025 | December 23, 2025 |
| TEXAS PACIFIC LAND TRUSTTPL · Entity 143917 | 10% owner | March 15, 2019 | March 25, 2019 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
CROSS TIMBERS ROYALTY TRUST
Report date October 12, 2026 · Filed October 14, 2026
Jointly reported with OLIVER ERIC L, SoftVest GP I, LLC
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Units of Beneficial InterestSEC Table I · non-derivative | IndirectBy SoftVest, LP | 1,019,426 |
Last balance in matching sequence
After 2026-10-13 transaction · row 2
Source-order balances reconcile. Account continuity and personal attribution are not independently verified.
2 source rowsRow 1 · 2026-10-12 · Purchase · Acquired 4,817 · Balance 1,018,049 F1: The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $11.99 to $12.03, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within such range. F2: Directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner of SoftVest, LP and Eric L. Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary interest therein. Row 2 · 2026-10-13 · Purchase · Acquired 1,377 · Balance 1,019,426 F3: The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $12.20 to $12.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within such range. F2: Directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner of SoftVest, LP and Eric L. Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary interest therein. |
Filing footnotes · ownership attribution and instrument terms
F1: The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $11.99 to $12.03, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within such range.
F2: Directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner of SoftVest, LP and Eric L. Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary interest therein.
F3: The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $12.20 to $12.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within such range.
PERMIAN BASIN ROYALTY TRUST
Report date December 19, 2025 · Filed December 23, 2025
Jointly reported with OLIVER ERIC L, SoftVest Advisors, LLC, SoftVest GP I, LLC
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Short Put Option (Obligation to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $12.50 · Expires 2025-12-19 | IndirectBy SoftVest, LP | 0 |
Reported balance
After 2025-12-19 transaction · row 1
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 1 · 2025-12-19 · Other · Disposed 3,965 · Balance 0 F1: This short put option was written before the Reporting Persons became Section 16 insiders of the Issuer and therefore was reported on the Reporting Persons' Form 3 filed on July 22, 2025, and as such the expiration of this option is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended. F2: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest Advisors, LLC, SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. |
| Short Put Option (Obligation to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $15.00 · Expires 2025-12-19 | IndirectBy SoftVest, LP | 0 |
Reported balance
After 2025-12-19 transaction · row 2
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 2 · 2025-12-19 · Other · Disposed 1 · Balance 0 F1: This short put option was written before the Reporting Persons became Section 16 insiders of the Issuer and therefore was reported on the Reporting Persons' Form 3 filed on July 22, 2025, and as such the expiration of this option is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended. F2: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest Advisors, LLC, SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. |
Filing footnotes · ownership attribution and instrument terms
F1: This short put option was written before the Reporting Persons became Section 16 insiders of the Issuer and therefore was reported on the Reporting Persons' Form 3 filed on July 22, 2025, and as such the expiration of this option is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended.
F2: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest Advisors, LLC, SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein.
TEXAS PACIFIC LAND TRUST
Report date March 15, 2019 · Filed March 25, 2019
Jointly reported with OLIVER ERIC L
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Sub-share Certificates of Proprietary InterestSEC Table I · non-derivative | Direct | 130,500 |
Reported balance
Holding disclosure · report date 2019-03-15 · row 1
Holding and transaction disclosures are not merged.
1 source rowRow 1 · Balance 130,500 F1: Represents the Issuer's Sub-share Certificates of Proprietary Interest, par value $.03-1/3 (the "Shares") held by SoftVest, L.P., a Delaware limited partnership ("SoftVest LP"). The general partner of SoftVest LP is SoftVest GP I, LLC, a Delaware limited liability company ("SV GP"). SoftVest Advisors, LLC, a Delaware limited liability company ("SoftVest Advisors") is investment manager of SoftVest LP. Eric L. Oliver ("Mr. Oliver" and together with SoftVest LP and SoftVest Advisors, the "SoftVest Persons") is the managing member of SV GP. SoftVest LP, SoftVest Advisors and Mr. Oliver may be deemed to share voting and dispositive power with respect to such Shares. The SoftVest Persons disclaim beneficial ownership of the 130,500 Shares held by SoftVest LP for purposes of Section 16 of the Securities Exchange Act of 1934, except for their pecuniary interest therein. F2: SoftVest Advisors, Horizon Kinetics LLC, a Delaware limited liability company ("Horizon"), ART-FGT Family Partners Limited, a Wyoming limited partnership ("ART-FGT LP") and Tessler Family Limited Partnership, a Wyoming limited partnership ("Tessler Family LP") have entered into a Cooperation Agreement, dated May 15, 2019 (the "Cooperation Agreement"). As a result of the Cooperation Agreement, the SoftVest Persons, ART-FGT LP, Tessler Family LP, Allan R. Tessler ("Mr. Tessler" and, together with ART-FGT LP and Tessler Family LP, the "Tessler Persons") and Horizon may be deemed to have formed a "group" pursuant to Rule 13d-5(b)(1) promulgated under the Act. F3: Each of the SoftVest Persons, the Tessler Persons and Horizon may also be deemed to share voting power and dispositive power with respect to each other party's Shares as a result of the covenants and restrictions set forth in the Cooperation Agreement. Therefore, each of the parties to the Cooperation Agreement may be deemed to beneficially own all Shares beneficially owned by the other parties to the Cooperation Agreement, but each party to the Cooperation Agreement disclaims any beneficial ownership or pecuniary interest with respect to the Shares held by the other parties. The Shares in this Form 3 do not include the Shares owned by the Tessler Persons and Horizon. |
| Sub-share Certificates of Proprietary InterestSEC Table I · non-derivative | Direct | 100 |
Reported balance
Holding disclosure · report date 2019-03-15 · row 2
Holding and transaction disclosures are not merged.
1 source rowRow 2 · Balance 100 F4: Represents Shares held by Mr. Oliver. The other SoftVest Persons disclaim beneficial ownership of such 100 Shares for purposes of Section 16 of the Exchange Act. |
| Sub-share Certificates of Proprietary InterestSEC Table I · non-derivative | IndirectSee Footnotes | 350 |
Reported balance
Holding disclosure · report date 2019-03-15 · row 3
Holding and transaction disclosures are not merged.
1 source rowRow 3 · Balance 350 F5: Represents Shares held by trusts administered for the benefit of Mr. Oliver's grandchildren. Mr. Oliver has sole voting and dispositive power with respect to such Shares. The SoftVest Persons disclaims any pecuniary interest in such Shares. F2: SoftVest Advisors, Horizon Kinetics LLC, a Delaware limited liability company ("Horizon"), ART-FGT Family Partners Limited, a Wyoming limited partnership ("ART-FGT LP") and Tessler Family Limited Partnership, a Wyoming limited partnership ("Tessler Family LP") have entered into a Cooperation Agreement, dated May 15, 2019 (the "Cooperation Agreement"). As a result of the Cooperation Agreement, the SoftVest Persons, ART-FGT LP, Tessler Family LP, Allan R. Tessler ("Mr. Tessler" and, together with ART-FGT LP and Tessler Family LP, the "Tessler Persons") and Horizon may be deemed to have formed a "group" pursuant to Rule 13d-5(b)(1) promulgated under the Act. F3: Each of the SoftVest Persons, the Tessler Persons and Horizon may also be deemed to share voting power and dispositive power with respect to each other party's Shares as a result of the covenants and restrictions set forth in the Cooperation Agreement. Therefore, each of the parties to the Cooperation Agreement may be deemed to beneficially own all Shares beneficially owned by the other parties to the Cooperation Agreement, but each party to the Cooperation Agreement disclaims any beneficial ownership or pecuniary interest with respect to the Shares held by the other parties. The Shares in this Form 3 do not include the Shares owned by the Tessler Persons and Horizon. |
| Sub-share Certificates of Proprietary InterestSEC Table I · non-derivative | IndirectSee Footnotes | 2,250 |
Reported balance
Holding disclosure · report date 2019-03-15 · row 4
Holding and transaction disclosures are not merged.
1 source rowRow 4 · Balance 2,250 F6: Represents Shares owned by Debeck LLC and Debeck Properties LP, which Mr. Oliver controls. Mr. Oliver has sole voting and dispositive power with respect to such Shares, but the SoftVest Persons disclaim any pecuniary interest therein. F2: SoftVest Advisors, Horizon Kinetics LLC, a Delaware limited liability company ("Horizon"), ART-FGT Family Partners Limited, a Wyoming limited partnership ("ART-FGT LP") and Tessler Family Limited Partnership, a Wyoming limited partnership ("Tessler Family LP") have entered into a Cooperation Agreement, dated May 15, 2019 (the "Cooperation Agreement"). As a result of the Cooperation Agreement, the SoftVest Persons, ART-FGT LP, Tessler Family LP, Allan R. Tessler ("Mr. Tessler" and, together with ART-FGT LP and Tessler Family LP, the "Tessler Persons") and Horizon may be deemed to have formed a "group" pursuant to Rule 13d-5(b)(1) promulgated under the Act. F3: Each of the SoftVest Persons, the Tessler Persons and Horizon may also be deemed to share voting power and dispositive power with respect to each other party's Shares as a result of the covenants and restrictions set forth in the Cooperation Agreement. Therefore, each of the parties to the Cooperation Agreement may be deemed to beneficially own all Shares beneficially owned by the other parties to the Cooperation Agreement, but each party to the Cooperation Agreement disclaims any beneficial ownership or pecuniary interest with respect to the Shares held by the other parties. The Shares in this Form 3 do not include the Shares owned by the Tessler Persons and Horizon. |
Filing footnotes · ownership attribution and instrument terms
F1: Represents the Issuer's Sub-share Certificates of Proprietary Interest, par value $.03-1/3 (the "Shares") held by SoftVest, L.P., a Delaware limited partnership ("SoftVest LP"). The general partner of SoftVest LP is SoftVest GP I, LLC, a Delaware limited liability company ("SV GP"). SoftVest Advisors, LLC, a Delaware limited liability company ("SoftVest Advisors") is investment manager of SoftVest LP. Eric L. Oliver ("Mr. Oliver" and together with SoftVest LP and SoftVest Advisors, the "SoftVest Persons") is the managing member of SV GP. SoftVest LP, SoftVest Advisors and Mr. Oliver may be deemed to share voting and dispositive power with respect to such Shares. The SoftVest Persons disclaim beneficial ownership of the 130,500 Shares held by SoftVest LP for purposes of Section 16 of the Securities Exchange Act of 1934, except for their pecuniary interest therein.
F2: SoftVest Advisors, Horizon Kinetics LLC, a Delaware limited liability company ("Horizon"), ART-FGT Family Partners Limited, a Wyoming limited partnership ("ART-FGT LP") and Tessler Family Limited Partnership, a Wyoming limited partnership ("Tessler Family LP") have entered into a Cooperation Agreement, dated May 15, 2019 (the "Cooperation Agreement"). As a result of the Cooperation Agreement, the SoftVest Persons, ART-FGT LP, Tessler Family LP, Allan R. Tessler ("Mr. Tessler" and, together with ART-FGT LP and Tessler Family LP, the "Tessler Persons") and Horizon may be deemed to have formed a "group" pursuant to Rule 13d-5(b)(1) promulgated under the Act.
F3: Each of the SoftVest Persons, the Tessler Persons and Horizon may also be deemed to share voting power and dispositive power with respect to each other party's Shares as a result of the covenants and restrictions set forth in the Cooperation Agreement. Therefore, each of the parties to the Cooperation Agreement may be deemed to beneficially own all Shares beneficially owned by the other parties to the Cooperation Agreement, but each party to the Cooperation Agreement disclaims any beneficial ownership or pecuniary interest with respect to the Shares held by the other parties. The Shares in this Form 3 do not include the Shares owned by the Tessler Persons and Horizon.
F4: Represents Shares held by Mr. Oliver. The other SoftVest Persons disclaim beneficial ownership of such 100 Shares for purposes of Section 16 of the Exchange Act.
F5: Represents Shares held by trusts administered for the benefit of Mr. Oliver's grandchildren. Mr. Oliver has sole voting and dispositive power with respect to such Shares. The SoftVest Persons disclaims any pecuniary interest in such Shares.
F6: Represents Shares owned by Debeck LLC and Debeck Properties LP, which Mr. Oliver controls. Mr. Oliver has sole voting and dispositive power with respect to such Shares, but the SoftVest Persons disclaim any pecuniary interest therein.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| June 24, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 7,138 | $12.10 | $86,369.80 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 10 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,189,726 F11 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.93 to $12.13, inclusive. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 23, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 20,165 | $12.12 | $244,399.80 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 9 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,182,588 F10 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.05 to $12.20, inclusive. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 20, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherShort Put Option (Obligation to buy) · Derivative | 2,711 | $0.00 Strike: $10.00 | $0.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 28 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 0 Underlying: Units of Beneficial Ownership · 271,100 shares Expires 2025-06-20 F20 · derivative.exercise_date: This short put option was written before the Reporting Persons became a Section 16 insider of the Issuer and therefore was reported on the Reporting Person's Form 3 filed on July 22, 2025, and as such the expiration of this option is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 20, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherShort Put Option (Obligation to buy) · Derivative | 23.3 | $0.00 Strike: $12.50 | $0.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 27 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 0 Underlying: Units of Beneficial Ownership · 23,300 shares Expires 2025-06-20 F5 · derivative.exercise_date: The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 20, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 20, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherUnits of Beneficial Ownership | 23,300 | $12.50 | $291,250.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 8 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,162,423 F5 · kind: The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 20, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 20, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 4,582 | $11.96 | $54,800.72 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 7 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,139,123 F9 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.94 to $11.98, inclusive. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 18, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 11,241 | $12.11 | $136,128.51 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 6 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,134,541 F8 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.06 to $12.15, inclusive. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 17, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 15,000 | $12.08 | $181,200.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 5 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,123,300 F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.06 to $12.10, inclusive. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 12, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherShort Put Option (Obligation to buy) · Derivative | 20.3 | $0.00 Strike: $12.50 | $0.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 26 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 23,300 Underlying: Units of Beneficial Ownership · 20,300 shares Expires 2025-06-20 F4 · derivative.exercise_date: The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 12, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 12, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | SaleShort Put Option (Obligation to buy) · Derivative | 50 | $1.05 Strike: $12.50 | $52.50 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 25 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 43,600 Underlying: Units of Beneficial Ownership · 5,000 shares Expires 2025-06-20 F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 12, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherUnits of Beneficial Ownership | 20,300 | $12.50 | $253,750.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 4 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,108,300 F4 · kind: The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 12, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 12, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 22,000 | $11.62 | $255,640.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 3 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,088,000 F6 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.46 to $11.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (6) through (17) to this Form 4. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 11, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherShort Put Option (Obligation to buy) · Derivative | 10 | $0.00 Strike: $12.50 | $0.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 24 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 38,600 Underlying: Units of Beneficial Ownership · 1,000 shares Expires 2025-06-20 F3 · derivative.exercise_date: The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 11, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 11, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | SaleShort Put Option (Obligation to buy) · Derivative | 200 | $1.02 Strike: $12.50 | $204.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 23 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 39,600 Underlying: Units of Beneficial Ownership · 20,000 shares Expires 2025-06-20 F19 · price: The price reported in Column 8 is the weighted average of the premium received. These puts were written in multiple transactions with premiums ranging from $1.00 to $1.05. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 11, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | OtherUnits of Beneficial Ownership | 1,000 | $12.50 | $12,500.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 2 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,066,000 F3 · kind: The counterparty to these outstanding short put options exercised such options, in its sole discretion and without any action of the Reporting Persons, on June 11, 2025. As a result of such exercise, SoftVest, LP was required to purchase these shares at an exercise price of $12.50 per share. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 11, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | PurchaseUnits of Beneficial Ownership | 5,000 | $11.49 | $57,450.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · nonDerivative · entry 1 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 6,065,000 F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 06, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | SaleShort Put Option (Obligation to buy) · Derivative | 20 | $1.30 Strike: $12.50 | $26.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 22 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 19,600 Underlying: Units of Beneficial Ownership · 2,000 shares Expires 2025-06-20 F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 05, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | SaleShort Put Option (Obligation to buy) · Derivative | 51 | $1.50 Strike: $12.50 | $76.50 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 21 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 17,600 Underlying: Units of Beneficial Ownership · 5,100 shares Expires 2025-06-20 F18 · price: The price reported in Column 8 is the weighted average of the premium received. These puts were written in multiple transactions with premiums ranging from $1.50 to $1.60. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of puts written at each separate premium amount within the ranges set forth in footnotes (18) and (19) to this Form 4. F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
| June 04, 2025 Filed Jul 22, 2025 20:16 UTC | PERMIAN BASIN ROYALTY TRUST PBT · Entity 4656 | SaleShort Put Option (Obligation to buy) · Derivative | 100 | $1.30 Strike: $12.50 | $130.00 |
DisclosureSEC source: 0001104659-25-069624 · tm2521338-2_4seq1.xml · derivative · entry 20 OLIVER ERIC L · CIK 0001168602 · 10% owner SoftVest Advisors, LLC · CIK 0001803391 · 10% owner SoftVest, LP · CIK 0001406386 · 10% owner SoftVest GP I, LLC · CIK 0002077837 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · By SoftVest, LP Disclosed balance after: 12,500 Underlying: Units of Beneficial Ownership · 10,000 shares Expires 2025-06-20 F1 · ownership.nature: Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein. Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.