OLIVER ERIC L 4
4 · CROSS TIMBERS ROYALTY TRUST · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
CRT 10% Owner Eric L. Oliver Buys 32,893 Shares
What Happened
Eric L. Oliver, reported as a 10% owner related to SoftVest, LP, purchased a total of 32,893 shares of Cross Timbers Royalty Trust (CRT) in two open-market transactions. On 2026-04-17 he acquired 28,861 shares at a weighted average price of $10.44 ( ~$301,309 ), and on 2026-04-20 he acquired 4,032 shares at a weighted average price of $10.38 ( ~$41,852 ). These were purchases (code P), which are purchases of equity rather than sales.
Key Details
- Transaction dates: 2026-04-17 and 2026-04-20 (both reported on Form 4 filed 2026-04-21).
- Prices: weighted average $10.44 (4/17; actual prices ranged $10.26–$10.50) and $10.38 (4/20; range $10.35–$10.40).
- Total shares purchased: 32,893; total reported value ≈ $343,161.
- Ownership after transaction: not specified in the provided filing details.
- Footnote on ownership: shares are directly held by SoftVest, LP; SoftVest GP I, LLC is GP and Eric L. Oliver is managing member — Oliver disclaims beneficial ownership except for his pecuniary interest.
- Filing timeliness: Form 4 was filed on 2026-04-21; based on the trade dates this appears to be filed within the SEC’s two-business-day reporting window.
Context
- As a reported 10% owner (institutional/partner-related ownership), these purchases reflect additional holdings by the SoftVest-related entity rather than routine employee option exercises or grants.
- Purchases are factual signals of buying activity but do not by themselves explain the buyer’s motive.
Insider Transaction Report
Form 4
OLIVER ERIC L
10% Owner
Transactions
- Purchase
Units of Beneficial Interest
[F1][F2]2026-04-17$10.44/sh+28,861$301,309→ 787,073 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Interest
[F3][F2]2026-04-20$10.38/sh+4,032$41,852→ 791,105 total(indirect: By SoftVest, LP)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $10.26 to $10.50, 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.
- [F3]The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $10.35 to $10.40, 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.