PERMIAN BASIN ROYALTY TRUST 8-K
Research Summary
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Permian Basin Royalty Trust Reports Operations and Hearing Time Change
What Happened
- Permian Basin Royalty Trust (PBT) filed a Form 8-K on May 6, 2026 furnishing information about its results of operations and financial condition and issuing a press release that changes the time of a scheduled court hearing.
- The press release (Exhibit 99.1) states a hearing in the 96th District Court of Tarrant County related to the Trust, originally set for 10:30 a.m. Central Time on May 8, 2026, was rescheduled to 9:30 a.m. Central Time.
- The filing was signed by Nancy Willis, Director of Royalty Trust Services, on behalf of Argent Trust Company, Trustee.
Key Details
- Filing date: May 6, 2026 (Form 8-K).
- Hearing: Rescheduled to May 8, 2026 at 9:30 a.m. Central Time (from 10:30 a.m.).
- Item 2.02 (results of operations and financial condition) was furnished — the information is expressly noted as not “filed” for purposes of Section 18 of the Securities Exchange Act.
- Exhibit included: Press Release dated May 6, 2026 (Exhibit 99.1) announcing the hearing-time change.
Why It Matters
- Schedule change: Investors and parties watching the Trust’s court matter should note the new hearing time to follow any public developments that may affect the Trust.
- Financial disclosure status: The Trust furnished results of operations and financial condition information, but explicitly stated that this information is not “filed” under Section 18 — meaning it’s provided for information but carries different legal status than a filed disclosure.
- Action for investors: Review the attached press release (Exhibit 99.1) and any additional Trust communications for the actual financial details and further updates on the court matter.
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