{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-089363","form_type":"8-K","ticker":"PVL","cik":"0001520048","company_name":"Permianville Royalty Trust","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.179265+00:00","generated_at":"2026-06-11T22:00:10.885727+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Permianville Royalty Trust closes sale of Permian assets; special distribution planned","bullets":["Sponsor COERT Holdings 1 sold Permian Basin properties for ~$6.5M gross proceeds.","Trust released its 80% net profits interest on divested properties, approved by unitholders July 19.","Special distribution of 50% of Trust's net proceeds to be paid on or before Sep 22, 2023.","Remaining 50% held for post-closing adjustments; final amounts to follow within 90 days.","$250K escrow held for indemnification; any remainder released to Trust within 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-089363","json":"https://secwatch.observer/filing/0001104659-23-089363.json","markdown":"https://secwatch.observer/filing/0001104659-23-089363.md","text":"https://secwatch.observer/filing/0001104659-23-089363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520048/000110465923089363/0001104659-23-089363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520048/000110465923089363/tm2323214d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T22:00:10.885727+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":[{"claim_id":"a328ccdd7d06d8f1fdac616e5ed6dc2ecfa165be","claim":"Permianville Royalty Trust terminated Partial Release, Reconveyance and Termination Agreement with COERT Holdings 1, LLC (effective 2023-08-09).","evidence_excerpt":"̈ Item 1.01 Entry into a Material Definitive Agreement On August 9, 2023, COERT Holdings 1, LLC (the “Sponsor”) and The Bank of New York Mellon Trust Company, N.A., a national association organized under the laws of the State","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520048/000110465923089363/0001104659-23-089363-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"COERT Holdings 1, LLC"},{"label":"Effective","value":"2023-08-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}