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SEC Form 4 documents direct changes in beneficial ownership of securities for public corporations. The reporting insider, HORIZON KINETICS ASSET MANAGEMENT LLC, holds the title of 10% Owner at Texas Pacific Land Corp.
On 2026-06-03, the insider transacted 1 shares.The shares were transacted at a weighted average price of $406.72 per share, resulting in a total market-relevant value of $406.72.
**Transaction:** buy of 1 shares by HORIZON KINETICS ASSET MANAGEMENT LLC (10% Owner). **Strategic Implications (Investor Edge):** This filing is likely a symbolic or administrative action, not a signal of conviction. As a 10% owner rather than a C-suite insider, the trade lacks the typical bullish significance of an executive open-market purchase. Investors should ignore this filing as noise. **Key Takeaways:** - Purchase of only 1 share is immaterial and does not indicate insider confidence. - Insider is a 10% owner, not a C-suite executive, reducing the signal's relevance. - No change in overall ownership pattern; trade is likely routine or automated.
Verify the accuracy of this insider transaction and corporate entity independently. HillSignal pulls data directly from official SEC databases; use the sources below to corroborate.