OLIVER ERIC L 4

What Happened
Eric L. Oliver, reported as a 10% owner, purchased a total of 7,774 shares of Cross Timbers Royalty Trust (CRT) in two open-market transactions on June 24–25, 2026. He acquired 4,047 shares on 2026-06-24 at a weighted average price of $8.66 (≈ $35,047) and 3,727 shares on 2026-06-25 at a weighted average price of $8.88 (≈ $33,096), for a combined outlay of about $68,143. These were purchases (not sales), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction dates: 2026-06-24 (4,047 shares @ $8.66 weighted avg, prices ranged $8.65–$8.67) and 2026-06-25 (3,727 shares @ $8.88 weighted avg, prices ranged $8.87–$8.88).
• Transaction type: P = Purchase (open-market or private purchase).
• Total purchased: 7,774 CRT shares for ≈ $68,143.
• Filing: Form 4 filed 2026-06-26 for report period 2026-06-24 (appears timely based on Form 4 reporting rules).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • F1/F3: The reported prices are weighted averages; purchases occurred at small price ranges and the filer will provide per-transaction price breakdown on request.
  • F2: The shares are directly held by SoftVest, LP. SoftVest GP I, LLC is the GP and Eric L. Oliver is its managing member; he may be deemed to beneficially own the SoftVest, LP holdings but disclaims beneficial ownership except for his pecuniary interest.

Context

• Because Mr. Oliver is reported as a 10% owner via an investment vehicle (SoftVest, LP) rather than as an executive, these purchases reflect institutional/large-owner buying rather than typical officer/director trading.
• Purchases by insiders or large holders can be a positive data point for retail investors, but they do not by themselves prove future performance; the filing is factual and does not state the buyer’s motivation.