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GLOVER TYLER 4

Accession 0001811074-25-000025

CIK 0001811074other

View on SEC.gov Company Profile

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 6:07 PM ET

Size

18.2 KB

Accession

0001811074-25-000025

Insider Transaction Report

Form 4

Period: 2025-02-10

Texas Pacific Land CorpTPL

DirectorPresident & CEO

Transactions

Tax Payment
Common Stock
2025-02-10$1381.19/sh−420$580,100→ 5,331 total
Exercise/Conversion
Restricted Stock Units
2025-02-10−882→ 888 total
→ Common Stock (882 underlying)
Exercise/Conversion
Common Stock
2025-02-10+882→ 5,751 total
Tax Payment
Common Stock
2025-02-11$1364.12/sh−3,550$4,842,626→ 9,942 total
Exercise/Conversion
Common Stock
2025-02-11+1,254→ 6,585 total
Tax Payment
Common Stock
2025-02-11$1364.12/sh−593$808,923→ 5,992 total
Award
Common Stock
2025-02-11+7,500→ 13,492 total
Exercise/Conversion
Restricted Stock Units
2025-02-11−1,254→ 0 total
→ Common Stock (1,254 underlying)

Holdings

Restricted Stock Units
→ Common Stock (3,804 underlying)
3,804

Footnotes (7)

[F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
[F2]Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
[F3]On February 11, 2022, the Reporting Person was granted performance share units ("PSUs"), the vesting of which was subject to the achievement of certain relative total shareholder return and free cash flow per share performance criteria. The number of shares reported represents the number of PSUs that vested as a result of the achievement of such performance criteria at 200% of target.
[F4]PSUs convert into common stock on a one-for-one basis.
[F5]Each RSU has a value equal to one share of common stock. Of such RSUs, 882 vested on February 10, 2025 and 888 vest on February 10, 2026.
[F6]Each RSU has a value equal to one share of common stock. All of the RSUs reported vested on February 11, 2025.
[F7]Each RSU has a value equal to one share of common stock. Of such RSUs, 1,266 vest on February 13, 2025 and 1,269 vest on February 13 of each of 2026 and 2027.

Documents

1 file

4
wk-form4_1739401632.xmlPrimary
FORM 4

Issuer

Texas Pacific Land Corp

CIK 0001811074

Entity typeother

Related Parties

1

filerCIK 0001690299

Filing Metadata

Form type: 4
Filed: Feb 11, 7:00 PM ET
Accepted: Feb 12, 6:07 PM ET
Size: 18.2 KB

View on SEC.gov