OLIVER ERIC L 4
4 · CROSS TIMBERS ROYALTY TRUST · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
CRT 10% Owner Eric L. Oliver Buys 55,564 Shares
What Happened Eric L. Oliver, a reported 10% owner of Cross Timbers Royalty Trust (CRT), acquired a total of 55,564 common units in two purchases: 20,968 units on 2026-06-22 at a reported weighted average price of $8.65 (total ~$181,373) and 34,596 units on 2026-06-23 at a reported weighted average price of $8.68 (total ~$300,293). Combined consideration for these purchases was roughly $481,666. These transactions are purchases (code P), which increase his position.
Key Details
- Transaction dates and reported prices:
- 2026-06-22: 20,968 shares at reported weighted avg $8.65 (actual prices in filing ranged $8.60–$8.65). (Footnote F1)
- 2026-06-23: 34,596 shares at reported weighted avg $8.68 (actual prices in filing ranged $8.49–$9.00). (Footnote F3)
- Total acquired: 55,564 shares for about $481,666.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Securities were 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 these securities by virtue of that role but disclaims beneficial ownership except to the extent of his pecuniary interest. (Footnote F2)
- Transaction type: Open market or private purchases (code P).
- Filing timeliness: Reported period 2026-06-22; Form filed 2026-06-24 — appears timely (Form 4s are generally due within two business days).
Context
- Because Mr. Oliver is reported as a 10% owner and the shares are held directly by an entity he controls (SoftVest, LP), these purchases can reflect an institutional/investor-level increase in position rather than routine executive salary-related trades. The filing does not provide motives; retail investors should view this as an increase in ownership by a significant stakeholder.
Insider Transaction Report
Form 4
OLIVER ERIC L
10% Owner
Transactions
- Purchase
Units of Beneficial Interest
[F1][F2]2026-06-22$8.65/sh+20,968$181,373→ 882,590 total(indirect: By SoftVest, LP) - Purchase
Units of Beneficial Interest
[F3][F2]2026-06-23$8.68/sh+34,596$300,293→ 917,186 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 $8.60 to $8.65, 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 $8.49 to $9.00, 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.