Form 4 for TPL Texas Pacific Land Corporation
Accepted 2022-12-15 00:00:00 ET · period of report 2022-12-14 · accession 0001207097-22-000481 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-12-15 | 2022-12-14 | TPL | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% | P - Purchase | $2,570.32 | +18 | 197.1K | +0.0% | +$46.3K |
| 2022-12-15 | 2022-12-14 | TPL | HORIZON KINETICS ASSET MANAGEMENT LLC | 10% | P - Purchase | $2,571.00 | +2 | 1,930 | +0.1% | +$5,142 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-14 | P | A | 2 | $2,571.00 | 1,491 | I Horizon Common Inc | — | — | (F1) 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. |
| 2 | Common | Common Stock | 2022-12-14 | P | A | 1 | $2,556.94 | 43,242 | I Polestar Offshore Fund Ltd | — | — | (F1) 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. |
| 3 | Common | Common Stock | 2022-12-14 | P | A | 2 | $2,571.00 | 104,641 | I Horizon Kinetics Hard Assets LLC | — | — | (F1) 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. |
| 4 | Common | Common Stock | 2022-12-14 | P | A | 1 | $2,580.99 | 1,644 | I Horizon Credit Opportunity Fund LP | — | — | (F1) 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. |
| 5 | Common | Common Stock | 2022-12-14 | P | A | 12 | $2,570.32 | 197,094 | I | — | — | (F4) 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 Horizon, in which Mr. Stahl serves as Chairman, Chief Executive Officer and Chief Investment Manager 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) The amount reported as held following the transaction excludes approximately 1,274,576 shares as noted in Horizon's Schedule 13D filed on February 2, 2022, 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. |
| 6 | Common | Common Stock | 2022-12-14 | P | A | 2 | $2,571.00 | 1,930 | D Horizon Kinetics Asset Management LLC | — | — | (F2) 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. |