{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-054289","form_type":"8-K","ticker":"CRT","cik":"0000881787","company_name":"CROSS TIMBERS ROYALTY TRUST","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.900817+00:00","generated_at":"2026-05-16T02:39:59.482805+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Cross Timbers Royalty Trust declares Feb distribution of $0.050060/unit; reserve reaches $1.5M","bullets":["Distribution of $0.050060/unit payable March 13, 2026 to unitholders of record February 27, 2026.","Trustee discontinued $50,000 monthly reserve withholding after reserve reached $1,500,000 (increased over past 10 months).","Current month underlying sales: 9,000 Bbl oil at $55.35/Bbl, 73,000 Mcf gas at $4.36/Mcf.","Excess costs increased: Texas +$80K (cumulative $5.637M incl. interest), Oklahoma +$262K (cumulative $931K); did not reduce net proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-054289","json":"https://secwatch.observer/filing/0001193125-26-054289.json","markdown":"https://secwatch.observer/filing/0001193125-26-054289.md","text":"https://secwatch.observer/filing/0001193125-26-054289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/881787/000119312526054289/0001193125-26-054289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/881787/000119312526054289/crt_8-k_2602_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:39:59.482805+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"}