OLIVER ERIC L 4
4 · CROSS TIMBERS ROYALTY TRUST · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Cross Timbers Royalty Trust (CRT) 10% Owner Eric L. Oliver Buys 68,467 Shares
What Happened
Eric L. Oliver, reported as a 10% owner, purchased 68,467 shares of Cross Timbers Royalty Trust (CRT) in an open-market transaction on March 27, 2026. The weighted-average price reported was $10.24 per share, for a total reported acquisition value of approximately $701,102. This was a direct purchase (transaction code P), which retail investors often view as a more informative/bullish signal than routine insider sales, though no motive is stated.
Key Details
- Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (filed within the SEC’s 2-business-day window).
- Price: Weighted average $10.24; purchases occurred at prices ranging from $9.99 to $10.51 (footnote F1).
- Shares acquired: 68,467; total reported value ≈ $701,102.
- Post-transaction ownership: Not disclosed in the provided filing details.
- Ownership structure note (footnote F2): The shares are directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner and Eric L. Oliver is the managing member of the GP; as a result, the GP and Mr. Oliver may be deemed to beneficially own the shares held by SoftVest, LP. Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
Context
- This filing reports a purchase by a 10% owner/affiliate rather than a corporate officer; such purchases can reflect the investment stance of a significant holder but do not necessarily indicate company insider knowledge.
- No options, awards, gifts, or tax-withholding events were reported in this transaction.
Insider Transaction Report
Form 4
OLIVER ERIC L
10% Owner
Transactions
- Purchase
Units of Beneficial Interest
[F1][F2]2026-03-27$10.24/sh+68,467$701,102→ 697,851 total(indirect: By SoftVest, LP)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $9.99 to $10.51, 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.