OLIVER ERIC L 4

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.