OLIVER ERIC L 4

What Happened
Eric L. Oliver, a reported 10% owner of Cross Timbers Royalty Trust (CRT), acquired 5,748 shares in an open-market purchase on June 2, 2026. The filing reports a weighted average purchase price of $10.52 per share for a total reported cost of $60,469. This is a purchase (buy), which some investors view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed within the typical 2-business-day window).
• Transaction type/code: P = Purchase (open market or private purchase).
• Shares purchased: 5,748 at a weighted average price of $10.52; total value reported: $60,469.
• Price range: purchases occurred at prices between $10.37 and $10.60 (weighted average per Footnote F1).
• Ownership after transaction: not specified in the provided filing summary.
• Footnote on ownership (F2): the shares 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, the GP and Mr. Oliver may be deemed to beneficially own the LP’s securities, though Mr. Oliver disclaims beneficial ownership except for his pecuniary interest.

Context

• This filing reports a direct purchase by a 10% owner (an institutional/large-holder category), not an executive-level option exercise or grant. Purchases by significant holders can reflect increased exposure but do not alone prove intent or future performance.
• No late filing flag was indicated in the filing data provided.