Cross Timbers Royalty Trust (CRT) 10% Owner Eric Oliver Buys Stock

What Happened

• Eric L. Oliver, reported as a 10% owner, purchased 16,360 shares of Cross Timbers Royalty Trust (CRT) in open-market/private purchases on 2026-09-11. The filing reports a weighted-average price of $11.46 per share for a total of $187,486.

Key Details

• Transaction type: Purchase (Code P) — open market or private purchases.
• Date of transaction: 2026-09-11; Form 4 filed: 2026-09-15 (filed on the required reporting date).
• Price: Weighted average $11.46; actual execution prices ranged from $11.33 to $11.50 (footnote).
• Shares acquired: 16,360; aggregate value reported: $187,486.
• Shares owned after transaction: Not stated in the provided excerpt of the filing.
• Ownership structure (footnote): Shares were directly held by SoftVest, LP. SoftVest GP I, LLC is the GP and Eric L. Oliver is its managing member; Oliver may be deemed to beneficially own those securities but disclaims beneficial ownership except for his pecuniary interest.

Context

• This is a direct purchase by an entity tied to a 10% owner rather than a routine executive sale. Purchases can be interpreted as a straightforward accumulation of shares, but the filing provides no comment on motive. The filing appears timely based on the reported dates.