{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-041053","form_type":"8-K","ticker":"SBR","cik":"0000710752","company_name":"SABINE ROYALTY TRUST","filed_at":"2026-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.511939+00:00","generated_at":"2026-05-16T04:12:48.573125+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sabine Royalty Trust declares Feb distribution of $0.28337/unit, down from prior month on lower volumes and prices","bullets":["Cash distribution of $0.28337/unit payable Feb 27 to unitholders of record Feb 17, 2026.","Preliminary Nov 2025 oil production: 45,316 bbls (down ~20% from 56,504 bbls) at $59.01/bbl.","Preliminary Oct 2025 gas production: 1,026,714 Mcf (down ~22% from 1,314,850 Mcf) at $2.27/Mcf.","Lower distribution attributed to decreased oil and gas production and lower pricing.","Ad valorem taxes deducted this month: ~$17,000 vs ~$115,000 in same period last year."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-041053","json":"https://secwatch.observer/filing/0001193125-26-041053.json","markdown":"https://secwatch.observer/filing/0001193125-26-041053.md","text":"https://secwatch.observer/filing/0001193125-26-041053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/710752/000119312526041053/0001193125-26-041053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/710752/000119312526041053/2026-02_sabine_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:12:48.573125+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"}