Texas Pacific Land Corp. disclosed a Form 4 filing by Horizon Kinetics Asset Management LLC (“HKAM”) tied to the company’s common stock, with a reported event date of July 16, 2026. The filing was signed on July 17, 2026, by Jay Kesslen as attorney-in-fact. The filing does not show a conventional open-market purchase or sale in the text provided. No transaction code, execution price, number of shares bought or sold, or post-transaction ownership balance is included in the available filing text. Instead, the key disclosure is explanatory: HKAM states that on May 7, 2026, it filed an amendment to its Schedule 13D reporting beneficial ownership of 10,109,933 shares of Texas Pacific Land common stock. HKAM further notes that the extent of its pecuniary interest in the shares reported on that Schedule 13D is being disclosed in the Form 4. That distinction matters because “beneficial ownership” can include shares over which an adviser or manager has voting or investment authority, while “pecuniary interest” refers to the holder’s actual economic exposure to the securities. The filing contains no reported option exercises, restricted stock vesting, derivative securities, or other equity compensation details in the provided text. Its significance is therefore not as evidence of a newly priced insider trade, but as a clarification of HKAM’s economic interest in a very large previously reported Texas Pacific Land position.