Cross Timbers (CRT) 10% Owner Eric L. Oliver Buys 12,696 Shares

What Happened
Eric L. Oliver, a reported 10% owner of Cross Timbers Royalty Trust (CRT), acquired a total of 12,696 CRT common units in two open‑market purchases. On 2026‑08‑13 he bought 3,087 shares at a reported weighted average price of $10.12 (≈ $31,240) and on 2026‑08‑14 he bought 9,609 shares at a reported weighted average price of $10.44 (≈ $100,318), for a combined outlay of about $131,558. These were purchases (buying is generally viewed as a more bullish signal than sales, though motives aren’t disclosed).

Key Details

• Transaction dates: Aug 13, 2026 (3,087 shares) and Aug 14, 2026 (9,609 shares).
• Reported weighted average prices: $10.12 (Aug 13) and $10.44 (Aug 14). Footnotes indicate the actual trades occurred at prices in ranges: $10.00–$10.20 (Aug 13 trades) and $10.35–$10.50 (Aug 14 trades).
• Total shares acquired: 12,696; total value: approximately $131,558.
• Ownership after transaction: not specified in the provided excerpt (see the full Form 4 for the post‑transaction beneficial ownership number).
• Beneficial ownership note (footnote): 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 LP’s holdings but disclaims ownership except for his pecuniary interest.
• Filing: Form 4 filed Aug 17, 2026 reporting transactions on Aug 13–14; the filing date in the record suggests the report was filed promptly (no late‑filing flag provided).

Context

• Code: P = Purchase (open market). Purchases by 10% owners are informative but reflect actions by/for an entity (SoftVest, LP) rather than necessarily personal trading by an executive.
• No derivatives, option exercises, gifts, or tax‑withholding items here — only straight open‑market purchases.
• For full details (exact per‑trade prices, post‑transaction holdings, and any other disclosures), consult the SEC Form 4 (Accession: 0001104659-26-097936).