OLIVER ERIC L 4
4 · CROSS TIMBERS ROYALTY TRUST · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
CRT 10% Owner Eric L. Oliver Buys 6,844 Shares
What Happened Eric L. Oliver, reported as a 10% owner of Cross Timbers Royalty Trust (CRT), purchased 6,844 shares in an open-market/private purchase on April 10, 2026. The filing reports a weighted average price of $10.42 per share (range $10.36–$10.45), for a total transaction value of approximately $71,314. This was a purchase (buy), which retail investors often view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-04-10 (reported on Form 4 filed 2026-04-14). Filing appears timely (within required 2 business days).
- Transaction type/code: Purchase (P) — open market or private purchase.
- Shares acquired: 6,844 at a weighted average price of $10.42; prices ranged from $10.36 to $10.45 (footnote F1).
- Total reported value: ~$71,314.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Footnote (F2): Securities are directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner and Eric L. Oliver is the managing member; as a result they may be deemed to beneficially own the securities held by SoftVest, LP. Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
Context Because Mr. Oliver is reported as a 10% owner and the shares are held through SoftVest entities, this transaction reflects activity by a large stakeholder rather than a routine executive salary-related sale. Purchases by significant holders can signal increased interest, but filings are statements of transactions only and do not reveal motivation.
Insider Transaction Report
- Purchase
Units of Beneficial Interest
[F1][F2]2026-04-10$10.42/sh+6,844$71,314→ 732,787 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 $10.36 to $10.45, 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.