OLIVER ERIC L 4

4 · CROSS TIMBERS ROYALTY TRUST · Filed May 28, 2026

AI-generated summary of this filing

Updated May 28, 2026

CRT (Cross Timbers) 10% Owner Eric L. Oliver Buys 23,386 Shares

What Happened

Eric L. Oliver, reported as a 10% owner of Cross Timbers Royalty Trust (CRT), made an open-market purchase of 23,386 shares on May 26, 2026. The weighted-average price was $10.88 per share for a total reported cost of approximately $254,440. This transaction is a straightforward buy (transaction code P).

Key Details

Transaction date: 2026-05-26; Filing date: 2026-05-28 (filed within the typical two-business-day Form 4 window).
Price: weighted average $10.88; purchases executed at prices ranging from $10.71 to $11.00 (see footnote).
Shares acquired: 23,386; total value: ~$254,440.
Shares owned after transaction: not specified in the provided filing.
Footnotes:
- F1: Price is a weighted average from multiple trades at $10.71–$11.00; reporting person will provide trade-level details on request.
- F2: Shares are directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner and Eric L. Oliver is the managing member; he may be deemed to beneficially own SoftVest, LP holdings but disclaims beneficial ownership except to the extent of his pecuniary interest.
Transaction type code: P = Purchase.

Context

Purchases by insiders (including 10% owners) are often viewed as a positive signal but do not prove intent or guarantee future company performance. Because the shares are held through SoftVest, LP, this reflects an ownership stake via an affiliated investment vehicle rather than a direct employer/executive compensation action.

Form 4

Period: 2026-05-26

10% Owner

Transactions

Purchase
Units of Beneficial Interest
[F1][F2]
2026-05-26$10.88/sh+23,386$254,440→ 841,935 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 $10.71 to $11.00, 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.

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