Texas Pacific Land (TPL) Form 4 Texas Pacific Land / STEPHANIE BUFFINGTON ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BUFFINGTON STEPHANIE

(Last) (First) (Middle)

C/O TEXAS PACIFIC LAND CORPORATION

1700 PACIFIC AVENUE, SUITE 2900

(Street)

DALLAS TX 75201

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2025

4. If Amendment, Date of 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

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	02/10/2025		M		168	A	(1)	752	D
Common Stock	02/10/2025		F		76(2)	D	$1,381.19	676	D
Common Stock	02/11/2025		M		198	A	(1)	874	D
Common Stock	02/11/2025		F		83(2)	D	$1,364.12	791	D

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 Securities Underlying Derivative Security (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: 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)	02/10/2025		M			168	(3)	(3)	Common Stock	168	$0	171	D
Restricted Stock Units	(4)	02/11/2025		M			198	(4)	(4)	Common Stock	198	$0	0	D
Restricted Stock Units	(5)							(5)	(5)	Common Stock	279		279	D
Restricted Stock Units	(6)							(6)	(6)	Common Stock	861		861	D

Explanation of Responses:

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. Of such RSUs, 168 vested on February 10, 2025 and 171 vest on February 10, 2026.

4. Each RSU has a value equal to one share of common stock. Of such RSUs, 198 vested on February 11, 2025.

5. Each RSU has a value equal to one share of common stock. Of such RSUs, 279 vest on September 1, 2025.

6. Each RSU has a value equal to one share of common stock. Of such RSUs, 285 vest on February 13, 2025 and 288 vest on February 13 of each of 2026 and 2027.

Remarks:

	/s/ Micheal W. Dobbs, attorney-in-fact	02/12/2025
	** Signature of Reporting Person	Date
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.
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