---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-083435"
form_type: "8-K"
ticker: "PVL"
cik: "0001520048"
company_name: "Permianville Royalty Trust"
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:12:00.189546+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Permianville Trust unitholders approve sponsor's sale of Permian Basin properties

## Summary
- Unitholders approved sale of Divestiture Properties by COERT Holdings I; >50% of units voted in favor.
- Two proposals to amend trust agreement raising future transaction thresholds failed (needed 75%, not achieved).
- Closing expected before August 31, 2023; Trust will release 80% net profits interest on sold properties.
- Net proceeds will be distributed to unitholders within 45 days after closing, less expenses and holdback.

## SEC filing metadata
- accession: 0001104659-23-083435
- form_type: 8-K
- ticker: PVL
- cik: 0001520048
- company_name: Permianville Royalty Trust
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520048/000110465923083435/0001104659-23-083435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520048/000110465923083435/tm2321684d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-083435
- JSON: https://secwatch.observer/filing/0001104659-23-083435.json
- Plain text: https://secwatch.observer/filing/0001104659-23-083435.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.