OLIVER ERIC L 4

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.