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CROSS TIMBERS ROYALTY TRUST·4

May 28, 6:19 PM ET

OLIVER ERIC L 4

Research Summary

AI-generated summary

Updated

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.