PERMIAN BASIN ROYALTY TRUST 8-K

What Happened

• On May 19, 2026, Permian Basin Royalty Trust (PBT) issued a press release announcing receipt of a Schedule 13D filed by SoftVest, L.P. and certain affiliated parties. The Schedule 13D relates to a proposed business combination involving the Trust. The press release was furnished with the 8-K as Exhibit 99.1.

Key Details

• Filing date: May 19, 2026 (press release and 8-K submission).
• Filer named: SoftVest, L.P. and others (Schedule 13D filer referenced in the press release).
• Subject: Schedule 13D concerns a proposed business combination involving PBT.
• Disclosure type: Item 7.01 (Regulation FD disclosure); Exhibit 99.1 contains the press release.

Why It Matters

• A Schedule 13D filing signals that an outside party has publicly announced interest in a transaction or in influencing the company; for investors, this can lead to increased attention on PBT's units, potential strategic changes, or further regulatory filings.
• The 8-K does not provide transaction terms, ownership percentages, or timing—investors should watch for follow-up filings (e.g., amendments to the Schedule 13D, proxy materials, or definitive transaction documents) and official updates from the Trust.