Stahl Murray's Form 4/A amendment
AmendedTexas Pacific Land Corp (TPL) · filed Dec 18, 2024
- Accession no.
- 0001437749-24-037870
- Filed
- Dec 18, 2024, 4:41 PM ET
- Trade date
- Sep 30, 2024
- Filing delay
- 79 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Oct 2, 2024
This filing lists 6 non-derivative transactions. Open-market purchases total $10.7K. It was filed 79 days after the trade.
This amendment replaces 0001437749-24-030434 (filed Oct 2, 2024).
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 |
|---|---|
| Stahl MurrayCIK 0001207097 | Director |
| Horizon Kinetics Asset Management LLCCIK 0001056823 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Sep 30, 2024 | Common Stock | PPurchaseAcquired | +2 | $887.97 | +$1,775.94 | 315,630 | Indirect | |
| Sep 30, 2024 | Common Stock | PPurchaseAcquired | +1 | $887.97 | +$887.97 | 5,496 | Indirect | |
| Sep 30, 2024 | Common Stock | PPurchaseAcquired | +3 | $887.97 | +$2,663.91 | 315,701 | Direct | |
| Sep 30, 2024 | Common Stock | PPurchaseAcquired | +2 | $887.97 | +$1,775.94 | 5,502 | Indirect | |
| Sep 30, 2024 | Common Stock | PPurchaseAcquired | +1 | $887.97 | +$887.97 | 130,278 | Indirect | |
| Sep 30, 2024 | Common Stock | PPurchaseAcquired | +3 | $896.79 | +$2,690.37 | 644,581 | Indirect |
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
On February 28, 2024, Horizon Kinetics Asset Management LLC (HKAM) filed an amendment to its Schedule 13d, in which it noted beneficial ownership of 1,271,975 shares and Murray Stahl's direct interest in 2,474 shares and his indirect interest in approximately 53,550 shares. On March 27, 2024, the Issuer effectuated a split of its common stock 3-for-1, so the figures reported in Schedule 13d should be deemed to have been multiplied by 3 as of such date. The extent of HKAM's pecuniary interest in the shares beneficially owned is disclosed herein, and the accounts in which Mr. Stahl has a controlling interest are reported as separate line items. Mr. Stahl does not exercise investment discretion with respect to the securities of the Issuer.
- F2
Purchased pursuant to a Rule 10b5-1 plan adopted on May 14, 2024.
- F3
The amount of common shares of the Issuer reported excludes partnerships and other accounts in which Mr. Stahl has a controlling interest and are reported separately. These accounts are managed by HKAM, 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.
- F4
This amendment corrects the previous filing made on October 2, 2024, which reported an increase of 52,543 shares as a result of accounts that moved to a performance fee structure. The correct figure should have been 52,422 shares.