---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086408"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:48:50.711410+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TPL reaches cooperation agreement with Horizon/SoftVest; two directors to retire

## Summary
- Cooperation agreement with Horizon Kinetics and SoftVest; will nominate Marguerite Woung-Chapman, Murray Stahl, and Rob Roosa for 2023 annual meeting.
- Directors David E. Barry and John R. Norris III will not stand for reelection at the 2023 annual meeting; no disagreement cited.
- June 2020 stockholders' agreement with investor group will terminate after 2023 annual meeting; standstill and non-disparagement apply while Stahl or Oliver remain on board.
- Pending Delaware litigation (Texas Pacific Land Corp. v. Horizon Kinetics LLC) is unaffected by the agreement.

## SEC filing metadata
- accession: 0001104659-23-086408
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000110465923086408/0001104659-23-086408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000110465923086408/tm2322532d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086408
- JSON: https://secwatch.observer/filing/0001104659-23-086408.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086408.txt

## Key facts
- Executive change
  John R. Norris III departed as Director at Texas Pacific Land Corp.
  - Action: will not stand for reelection
  - Role: Director
  source text: On July 27, 2023, David E. Barry and John R. Norris III notified the Board that they will not stand for reelection at the 2023 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811074/000110465923086408/0001104659-23-086408-index.htm
- Executive change
  David E. Barry departed as Director at Texas Pacific Land Corp.
  - Action: will not stand for reelection
  - Role: Director
  source text: On July 27, 2023, David E. Barry and John R. Norris III notified the Board that they will not stand for reelection at the 2023 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811074/000110465923086408/0001104659-23-086408-index.htm

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