Cross Timbers Royalty Trust: 10% owner Eric L. Oliver bought 6,194 shares

What happened

• Eric L. Oliver, listed as a 10% owner, bought a total of 6,194 shares of Cross Timbers Royalty Trust: 4,817 shares on Oct 12, 2026, for $57,804 and 1,377 shares on Oct 13, 2026, for $16,841, totaling $74,645.

Key details

• Transaction dates and prices:
  • Oct 12, 2026: purchase (P) of 4,817 shares at a weighted average of $12.00 (purchases ranged $11.99 to $12.03) (see F1).
  • Oct 13, 2026: purchase (P) of 1,377 shares at a weighted average of $12.23 (purchases ranged $12.20 to $12.25) (see F3).
• Shares owned after the transaction: Not reported in the provided filing excerpt.
• Ownership structure note: 4,817 shares are directly held by SoftVest, LP; SoftVest GP I, LLC is the general partner and Mr. Oliver is the managing member, so he may be deemed to beneficially own securities held by SoftVest, LP; he disclaims beneficial ownership except to the extent of his pecuniary interest (see F2).
• Filing date and timeliness: Form 4 filed Oct 14, 2026; the filing does not indicate it was late.

Why it may matter

• The filing shows purchases by a 10% owner (a large holder, not an executive) acquiring 6,194 shares for $74,645.
• The filing does not show why the insider traded or why the company acted.