Horizon Kinetics Asset Management LLC's Form 4/A amendment
AmendedTexas Pacific Land Corp (TPL) · filed Jul 31, 2023
- Accession no.
- 0001207097-23-000206
- Filed
- Jul 31, 2023, 2:05 PM ET
- Trade date
- Jul 25, 2023
- Filing delay
- 6 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jul 26, 2023
This filing lists 3 non-derivative transactions. Open-market purchases total $10.6K. It was filed 6 days after the trade.
This amendment replaces 0001207097-23-000198 (filed Jul 26, 2023).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Horizon Kinetics Asset Management LLCCIK 0001056823 | Director |
| Stahl MurrayCIK 0001207097 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 25, 2023 | Common Stock | PPurchaseAcquired | +2 | $1,512.05 | +$3,024.1 | 104,973 | Indirect | |
| Jul 25, 2023 | Common Stock | PPurchaseAcquired | +2 | $1,512.05 | +$3,024.1 | 1,591 | Indirect | |
| Jul 25, 2023 | Common Stock | PPurchaseAcquired | +3 | $1,512.05 | +$4,536.15 | 2,139 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This corrects a previous filing which incorrectly listed the aggregate ownership as 43,310 instead of 104,973.
- F2
The amount of common shares of the Issuer reported excludes other accounts in which Mr. Stahl has a non-controlling interest and does not exercise investment discretion. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer. Mr. Stahl disclaims beneficial ownership except to the extent of his pecuniary interest, if any.
- F3
Purchased pursuant to a Rule 10b5-1 plan adopted on March 15, 2023.
- F4
Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer. These accounts are managed by Horizon Kinetics Asset Management LLC ("Horizon"), in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Officer but does not participate in investment decisions with respect to the securities of the Issuer.
- F5
The amount reported as held excludes approximately 1,206,558 shares as noted in Horizon's Schedule 13D filed on January 26, 2023, for which Horizon does not have a pecuniary interest and also excludes shares purchased by portfolio managers and other employees of the firm for their personal accounts.