secwatch.observer — SEC 8-K summary
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Issuer:     CROSS TIMBERS ROYALTY TRUST (CRT)
CIK:        0000881787
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001193125-26-054289
Event type: dividend
Sentiment:  neutral
Materiality: 0.45
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Timbers Royalty Trust declares Feb distribution of $0.050060/unit; reserve reaches $1.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/881787/000119312526054289/0001193125-26-054289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/881787/000119312526054289/crt_8-k_2602_distributio.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-054289

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer