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4//SEC Filing

SoftVest, LP 4

Accession 0001104659-25-092151

CIK 0000319654other

Filed

Sep 21, 8:00 PM ET

Accepted

Sep 22, 4:26 PM ET

Size

13.8 KB

Accession

0001104659-25-092151

Insider Transaction Report

Form 4
Period: 2025-09-19
OLIVER ERIC L
10% Owner
Transactions
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-198640 total(indirect: By SoftVest, LP)
    Exercise: $7.50Exp: 2025-09-19Units of Beneficial Ownership (86,400 underlying)
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-197,7230 total(indirect: By SoftVest, LP)
    Exercise: $10.00Exp: 2025-09-19Units of Beneficial Ownership (772,300 underlying)
Transactions
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-197,7230 total(indirect: By SoftVest, LP)
    Exercise: $10.00Exp: 2025-09-19Units of Beneficial Ownership (772,300 underlying)
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-198640 total(indirect: By SoftVest, LP)
    Exercise: $7.50Exp: 2025-09-19Units of Beneficial Ownership (86,400 underlying)
SoftVest, LP
10% Owner
Transactions
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-197,7230 total(indirect: By SoftVest, LP)
    Exercise: $10.00Exp: 2025-09-19Units of Beneficial Ownership (772,300 underlying)
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-198640 total(indirect: By SoftVest, LP)
    Exercise: $7.50Exp: 2025-09-19Units of Beneficial Ownership (86,400 underlying)
Transactions
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-197,7230 total(indirect: By SoftVest, LP)
    Exercise: $10.00Exp: 2025-09-19Units of Beneficial Ownership (772,300 underlying)
  • Expiration

    Short Put Option (Obligation to buy)

    2025-09-198640 total(indirect: By SoftVest, LP)
    Exercise: $7.50Exp: 2025-09-19Units of Beneficial Ownership (86,400 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.

Issuer

PERMIAN BASIN ROYALTY TRUST

CIK 0000319654

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001406386

Filing Metadata

Form type
4
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 4:26 PM ET
Size
13.8 KB