OLIVER ERIC L 4

What Happened

• Eric L. Oliver, identified as a 10% owner, made open-market purchases of Cross Timbers Royalty Trust (CRT) stock: 42 shares on 2026-03-31 at $10.50 ($441) and 12,851 shares on 2026-04-01 at a weighted average of $10.50 ($134,936). Total acquired = 12,893 shares for roughly $135,377.50 (~$135.4K). These were purchases (buying shares), which insiders’ buys are often considered a more informative signal than routine sales.

Key Details

• Transaction dates and prices: Mar 31, 2026 — 42 shares @ $10.50 ($441); Apr 1, 2026 — 12,851 shares @ weighted avg $10.50 ($134,936). Footnote clarifies purchase prices ranged $10.46–$10.50.
• Shares owned after transaction: Not disclosed on the Form 4.
• Footnotes: (1) Shares are directly held by SoftVest, LP; SoftVest GP I, LLC is the GP and Eric L. Oliver is the managing member — Oliver may be deemed to beneficially own those SoftVest LP securities but disclaims ownership except to his pecuniary interest. (2) The $10.50 figure is a weighted average; purchases occurred at prices between $10.46 and $10.50; detailed per-price breakdown is available on request.
• Filing timeliness: Form 4 filed 2026-04-02 reporting trades through 2026-04-01 — the filing appears timely (Form 4 is generally due within two business days).

Context

• As a reported 10% owner, Oliver’s holdings are reported due to ownership thresholds and structured ownership (SoftVest entities); this is institutional/affiliate-level reporting rather than a routine executive payroll transaction.
• These were outright purchases (code P). No options exercises, awards, gifts, or tax-withholding events were reported.