GLOVER TYLER 4

What Happened
Tyler Glover, President & CEO and a director of Texas Pacific Land Corp (TPL), had restricted stock units (RSUs) convert/vest and received a new RSU grant. On Feb 13, 2026, 3,807 RSUs vested; on Feb 15, 2026, 1,626 RSUs vested. To satisfy tax withholding obligations, Glover surrendered 1,612 shares on Feb 13 and 688 shares on Feb 15 (2,300 shares total), producing proceeds of $696,884 and $297,429 respectively (total ≈ $994,313). He was also granted 5,726 RSUs on Feb 15 with multi‑year vesting.

Key Details

• Transaction dates: Feb 13, 2026 and Feb 15, 2026; Form 4 filed Feb 18, 2026 (timely).
• Tax withholding: 1,612 shares surrendered on 2/13 @ $432.31 → $696,884; 688 shares surrendered on 2/15 @ $432.31 → $297,429. Total withheld ≈ $994,313.
• RSU vesting/grant: 3,807 RSUs vested 2/13/2026; 1,626 RSUs vested 2/15/2026; 5,726 RSUs granted 2/15/2026 (see vesting schedule below).
• Footnotes: RSUs convert one-for-one into common stock (F1). Shares were surrendered to the issuer for tax withholding (F2). Vesting schedule: of the 3,807 RSUs, 3,807 vested 2/13/2026 and 3,807 vest 2/13/2027 (F3); of the 1,626 RSUs, 1,626 vested 2/15/2026 and 1,626 vest on 2/15/2027 and 2/15/2028 (F4); of the 5,726 RSUs, portions vest in 2027–2029 (F5).
• Shares owned after the transactions: not specified in the provided filing details.

Context

• These were RSU vestings and a grant, not open‑market sales or purchases. The surrender of shares was to cover tax withholding (a common administrative step), not a discretionary sale.
• The filing shows conversions/derivative activity related to RSUs; newly granted RSUs have future vesting and are not immediately tradable.
• No indication in the filing of a 10b5-1 plan or gift; the Form 4 was filed within the required reporting window.