{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-127817","form_type":"8-K","ticker":"PBT","cik":"0000319654","company_name":"PERMIAN BASIN ROYALTY TRUST","filed_at":"2024-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.698184+00:00","generated_at":"2026-05-29T23:22:50.171583+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Permian Basin Royalty Trust declares $0.021733/unit distribution, reports Waddell Ranch excess costs, litigation update.","bullets":["November cash distribution of $0.021733 per unit to be paid Dec 13, 2024 to holders of record Nov 29, 2024.","No proceeds from Waddell Ranch for October due to excess costs of $4,987,682 on underlying properties.","Blackbeard refused to provide necessary NPI information; litigation continues with trial set for April 21, 2025.","Trustee amended lawsuit in September 2024 seeking over $25 million in damages related to alleged improper overhead charges."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-127817","json":"https://secwatch.observer/filing/0000950170-24-127817.json","markdown":"https://secwatch.observer/filing/0000950170-24-127817.md","text":"https://secwatch.observer/filing/0000950170-24-127817.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319654/000095017024127817/0000950170-24-127817-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319654/000095017024127817/2024-11_permian_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:22:50.171583+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}