Horizon Kinetics Asset Management Llc - Nov 21, 2025 Form 4 Insider Report for Texas Pacific Land Corp (TPL)

Role: 10%+ Owner
Signature: /s/ Jay Kesslen, attorney-in-fact
Stock symbol: TPL
Transactions as of: Nov 21, 2025
Transactions value $: $895
Form type: 4
Date filed: 11/24/2025, 12:55 PM
Previous filing: Nov 21, 2025
Next filing: Nov 25, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HORIZON KINETICS ASSET MANAGEMENT LLC	10%+ Owner	470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK	/s/ Jay Kesslen, attorney-in-fact	2025-11-24	0001056823

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPL	Common Stock	Purchase	$895	+1	+0%	$895.11	1.16M	Nov 21, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 18, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 3,578,173 shares and Murray Stahl's direct interest in 7,848 shares and his indirect interest in approximately 156,083 shares. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein. Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.

Content

On December 18, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13D, in which it noted beneficial ownership of 3,578,173 shares and Murray Stahl's direct interest in 7,848 shares and his indirect interest in approximately 156,083 shares. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein. Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.