CROSS TIMBERS ROYALTY TRUST (CRT) 10% Owner Eric L. Oliver Buys Shares

What Happened
Eric L. Oliver, identified as a 10% owner, made two open‑market purchases of Cross Timbers Royalty Trust (CRT) common units. On 2026-09-01 he acquired 3,947 shares at a reported weighted average price of $10.51 ($41,483 total), and on 2026-09-02 he acquired 2,289 shares at a reported weighted average price of $10.63 ($24,332 total). Combined, he purchased 6,236 shares for approximately $65,815. These were purchases (code P), which investors often view as a positive signal though motivations are not disclosed.

Key Details

• Transaction dates and prices:
  • 2026-09-01 — 3,947 shares @ weighted avg $10.51 (total $41,483). Price range reported: $10.50–$10.60 (see footnote).
  • 2026-09-02 — 2,289 shares @ weighted avg $10.63 (total $24,332). Price range reported: $10.52–$10.64 (see footnote).
• Total purchased: 6,236 shares; total cash spent ≈ $65,815.
• Shares owned after transaction: not specified in the provided report.
• Footnote on ownership structure: shares are directly held by SoftVest, LP. SoftVest GP I, LLC is SoftVest’s general partner and Eric L. Oliver is the managing member of that GP; as a result Messrs. Oliver and the GP may be deemed to beneficially own the SoftVest, LP holdings, though Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
• Filing: Report filed 2026-09-03 for transactions on Sept 1–2; appears timely based on standard Form 4 rules.
• Footnotes note that the reported prices are weighted averages across multiple trades; the filer will provide per‑trade detail to the issuer, shareholders, or SEC staff upon request.

Context
This filing reflects purchases by a 10% owner via an entity (SoftVest, LP), not necessarily executive compensation or option activity. Purchases by large holders can be informative to retail investors, but they do not prove future performance or reveal the buyer’s intent.