Texas Pacific Land Corporation

09/03/2025 | Press release | Distributed by Public on 09/03/2025 14:15

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BUFFINGTON STEPHANIE
2. Issuer Name and Ticker or Trading Symbol
Texas Pacific Land Corp [TPL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
(Last) (First) (Middle)
C/O TEXAS PACIFIC LAND CORPORATION, 1700 PACIFIC AVENUE, SUITE 2900
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
(Street)
DALLAS, TX 75201
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/29/2025 S 162 D $926.5 794 D
Common Stock 09/01/2025 M 279 A (1) 1,073 D
Common Stock 09/01/2025 F 123(2) D $933.48 950 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (3) 09/01/2025 M 279 (3) (3) Common Stock 279 $ 0 0 D
Restricted Stock Units (4) (4) (4) Common Stock 171 171 D
Restricted Stock Units (5) (5) (5) Common Stock 576 576 D
Restricted Stock Units (6) (6) (6) Common Stock 257 257 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BUFFINGTON STEPHANIE
C/O TEXAS PACIFIC LAND CORPORATION
1700 PACIFIC AVENUE, SUITE 2900
DALLAS, TX 75201
Chief Accounting Officer

Signatures

/s/ Micheal W. Dobbs, attorney-in-fact 09/03/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
(2) Such shares were surrendered to the issuer in connection with tax withholding obligations of the Reporting Person.
(3) Each RSU has a value equal to one share of common stock. All 279 of such RSUs vested on September 1, 2025.
(4) Each RSU has a value equal to one share of common stock. All 171 of such RSUs will vest on February 10, 2026.
(5) Each RSU has a value equal to one share of common stock. Of such RSUs, 288 will vest on February 13 of each of 2026 and 2027.
(6) Each RSU has a value equal to one share of common stock. Of such RSUs, 85 will vest on February 15, 2026 and 86 will vest on February 15 of each of 2027 and 2028.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Texas Pacific Land Corporation published this content on September 03, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 03, 2025 at 20:16 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]