SoftVest, LP 4
4 · PERMIAN BASIN ROYALTY TRUST · Filed Sep 22, 2025
Insider Transaction Report
Form 4
OLIVER ERIC L
10% Owner
Transactions
- Expiration
Short Put Option (Obligation to buy)
2025-09-19−864→ 0 total(indirect: By SoftVest, LP)Exercise: $7.50Exp: 2025-09-19→ Units of Beneficial Ownership (86,400 underlying) - Expiration
Short Put Option (Obligation to buy)
2025-09-19−7,723→ 0 total(indirect: By SoftVest, LP)Exercise: $10.00Exp: 2025-09-19→ Units of Beneficial Ownership (772,300 underlying)
Footnotes (2)
- [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.