# EDGAR Filing Document

**Accession Number:** 0001207097
**File Stem:** 0001207097-23-000045
**Filing Date:** 2023-2
**Character Count:** 10598
**Document Hash:** f87781f2c2615acceff98a8c259ceca3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001207097-23-000045.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001207097-23-000045

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230202

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** HORIZON KINETICS ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001056823
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39804
- **FILM NUMBER:** 23584341

**BUSINESS ADDRESS:**
- **STREET 1:** 470 PARK AVENUE SOUTH
- **STREET 2:** 4TH FLOOR SOUTH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** 646-495-7347

**MAIL ADDRESS:**
- **STREET 1:** 470 PARK AVENUE SOUTH
- **STREET 2:** 4TH FLOOR SOUTH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER NAME:**
- **FORMER CONFORMED NAME:** HORIZON ASSET MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20130813

**FORMER NAME:**
- **FORMER CONFORMED NAME:** HORIZON ASSET MANAGEMENT INC/NY
- **DATE OF NAME CHANGE:** 19990319
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** STAHL MURRAY
- **CENTRAL INDEX KEY:** 0001207097

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39804
- **FILM NUMBER:** 23584342

**MAIL ADDRESS:**
- **STREET 1:** C/O HORIZON KINETICS LLC
- **STREET 2:** 470 PARK AVE S 8TH FL S
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Texas Pacific Land Corp
- **CENTRAL INDEX KEY:** 0001811074
- **STANDARD INDUSTRIAL CLASSIFICATION:** OIL ROYALTY TRADERS [6792]
- **IRS NUMBER:** 750279735
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1700 PACIFIC AVENUE
- **STREET 2:** SUITE 2900
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-969-5530

**MAIL ADDRESS:**
- **STREET 1:** 1700 PACIFIC AVENUE
- **STREET 2:** SUITE 2900
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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 for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>STAHL MURRAY<br><sub>(Last) (First) (Middle)</sub><br>C/O HORIZON KINETICS LLC<br>470 PARK AVE S 8TH FL S<br><sub>(Street)</sub><br>NEW YORK, NY 10016<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Texas Pacific Land Corp [ TPL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>HORIZON KINETICS ASSET MANAGEMENT LLC<br><sub>(Last) (First) (Middle)</sub><br>470 PARK AVENUE SOUTH<br>4TH FLOOR SOUTH<br><sub>(Street)</sub><br>NEW YORK, NY 10016<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-02 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Texas Pacific Land Corp [ TPL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-02 |  | P |  | 1 | A | $1959.98 | 43275<sup>(1)</sup> | I | Polestar Offshore Fund Ltd |
| Common Stock | 2023-02-02 |  | P |  | 2 | A | $1930.79 | 104851<sup>(1)</sup> | I | Horizon Kinetics Hard Assets LLC |
| Common Stock | 2023-02-02 |  | P |  | 2 | A | $1930.79 | 1521<sup>(1)</sup> | I | Horizon Common Inc |
| Common Stock | 2023-02-02 |  | P |  | 3 | A | $1930.79 | 2034<sup>(2)</sup> | D |  |
| Common Stock | 2023-02-02 |  | P |  | 1 | A | $1928.73 | 1677<sup>(1)</sup> | I | Horizon Credit Opportunity Fund LP |
| Common Stock | 2023-02-02 |  | P |  | 12 | A | $1935.31 | 197490<sup>(3)(4)</sup> | I | Horizon Kinetics Asset Management LLC |
| Common Stock | 2023-02-02 |  | J |  | 52 | A | $1995.85 | 104903<sup>(5)</sup> | I | Horizon Kinetics Hard Assets LLC |
| Common Stock |  |  |  |  |  |  |  | 1472<sup>(1)</sup> | I | Horizon Kinetics Hard Assets II LLC |
| Common Stock |  |  |  |  |  |  |  | 2484<sup>(1)</sup> | I | CDK Partners LP |
| Common Stock |  |  |  |  |  |  |  | 5549<sup>(1)</sup> | I | CDK Fund Ltd |
| Common Stock |  |  |  |  |  |  |  | 60<sup>(1)</sup> | I | Spouse |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) 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) 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.

(3) The amount reported as held following the transaction excludes approximately 1,206,558 shares as noted in Horizon's Schedule 13D filed on January 26, 2023, 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.

(4) 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.

(5) The amount reported as held reflects an increase in shares resulting from a journal entry transferring from an account in which Mr. Stahl has non-controlling interest into an account in which Mr. Stahl has a controlling interest.  These accounts are managed by 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.

**Signature:** /s/Jay Kesslen, attorney-in-fact  
**Date:** 2023-02-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**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 Number.**