Eric L. Oliver - Jun 3, 2025 Form 3 Insider Report for PERMIAN BASIN ROYALTY TRUST (PBT)

Role
10%+ Owner
Signature
/s/ Eric Lee. Oliver
Stock symbol
PBT
Transactions as of
Jun 3, 2025
Transactions value $
$0
Form type
3
Date filed
7/22/2025, 04:15 PM
Previous filing
Jan 6, 2025
Next filing
Jul 22, 2025
SEC
View on sec.gov

Reporting Owners (4)

Name Relationship Address Signature Signature date CIK
OLIVER ERIC L 10%+ Owner 400 PINE STREET, SUITE 1010, ABELINE /s/ Eric Lee. Oliver 2025-07-22 0001168602
SoftVest Advisors, LLC 10%+ Owner 400 PINE STREET, SUITE 1010, ABELINE SoftVest Advisors, LLC By: /s/ Eric Lee Oliver, Managing Member 2025-07-22 0001803391
SoftVest, LP 10%+ Owner 400 PINE STREET, SUITE 1010, ABELINE SoftVest, LP By: SoftVest GP I, LLC, its general partner By: /s/ Eric Lee Oliver, Managing Member 2025-07-22 0001406386
SoftVest GP I, LLC 10%+ Owner 400 PINE STREET, SUITE 1010, ABELINE SoftVest GP I, LLC By: /s/ Eric Lee Oliver, Managing Member 2025-07-22 0002077837

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PBT Units of Beneficial Ownership 6.06M Jun 3, 2025 By SoftVest, LP F1
holding PBT Units of Beneficial Ownership 4.5K Jun 3, 2025 By Debeck LLC F2
holding PBT Units of Beneficial Ownership 4.5K Jun 3, 2025 By Debeck Properties F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PBT Short Put Option (obligation to buy) Jun 3, 2025 Units of Beneficial Ownership 271K $10.00 By SoftVest, LP F1, F3
holding PBT Short Put Option (obligation to buy) Jun 3, 2025 Units of Beneficial Ownership 772K $10.00 By SoftVest, LP F1, F3
holding PBT Short Put Option (obligation to buy) Jun 3, 2025 Units of Beneficial Ownership 86.4K $7.50 By SoftVest, LP F1, F3
holding PBT Short Put Option (obligation to buy) Jun 3, 2025 Units of Beneficial Ownership 397K $12.50 By SoftVest, LP F1, F3
holding PBT Short Put Option (obligation to buy) Jun 3, 2025 Units of Beneficial Ownership 100 $15.00 By SoftVest, LP F1, F3
holding PBT Short Put Option (obligation to buy) Jun 3, 2025 Units of Beneficial Ownership 2.5K $12.50 By SoftVest, LP F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Directly held by SoftVest, LP. SoftVest Advisors, LLC is the investment manager of SoftVest, LP, SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric Lee Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest, SoftVest GP I, LLC and Eric Lee Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary therein.
F2 Represents shares of securities owned by Debeck LLC and Debeck Properties LP, which Mr. Oliver controls. Mr. Oliver has sole voting and dispositive power with respect to such securities, but Mr. Oliver disclaims any beneficial ownership with respect to such securities except to the extent of his pecuniary therein.
F3 Each option is exercisable by the holder of the option on or prior to the expiration date.