Transaction details
SoftVest, LP - identified as a ten-percent owner of Cross Timbers Royalty Trust (NYSE: CRT) - reported purchasing 68,467 units of beneficial interest on March 27, 2026, in a Form 4 filed with the Securities and Exchange Commission. The units were bought at a weighted average price of $10.24, yielding a total transaction amount of $701,102. Individual trade prices ranged from $9.99 up to $10.51.
Post-transaction holdings
After completing the purchase, SoftVest, LP directly held 697,851 units of Cross Timbers Royalty Trust.
Market context
The acquisition came as CRT shares climbed 16% during the prior week and were trading at $10.58 at the time of the report, with a market capitalization of $63.42 million. Year-to-date the stock has appreciated by nearly 40%. A professional analysis referenced in the filing states the trust is currently overvalued relative to its Fair Value. That same platform indicates there are 11 additional ProTips and a set of comprehensive financial metrics available to subscribers.
Ownership and control disclosures
SoftVest GP I, LLC serves as the general partner of SoftVest, LP, and Eric L. Oliver is listed as the managing member of SoftVest GP I, LLC. The filing notes that both SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities held by SoftVest, LP. Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
What this filing shows
The Form 4 details a sizeable unit purchase by a significant limited partner and clarifies the related-party structure that could result in attribution of ownership. It also places the purchase against recent price momentum for CRT and an external valuation assessment indicating the trust may be trading above its Fair Value.
Investor note
The filing records the specific unit counts, price range, weighted average price, total consideration, and revised direct holdings for SoftVest, LP, as outlined above.