Horizon Kinetics Asset Management LLC Acquires Additional Shares in Texas Pacific Land Corp

On October 24, 2025, Horizon Kinetics Asset Management LLC (HKAM) acquired 1 additional share of Texas Pacific Land Corp (TPL) common stock at a price of $949.13 per share. This transaction increased HKAM's total holdings to 1,162,551 shares. HKAM is a ten percent owner of TPL and holds these shares directly. The filing also references a previous amendment to HKAM's Schedule 13D from December 18, 2024, which noted beneficial ownership of 3,578,173 shares and Murray Stahl's direct and indirect interests in the company. Mr. Stahl does not exercise investment discretion over these securities. The filing was signed by Jay Kesslen, attorney-in-fact, on October 27, 2025.