{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-163168","form_type":"8-K","ticker":"PBT","cik":"0000319654","company_name":"PERMIAN BASIN ROYALTY TRUST","filed_at":"2026-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.559138+00:00","generated_at":"2026-05-15T05:24:02.891529+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Permian Basin Royalty Trust declares April distribution of $0.038014/unit; SoftVest lawsuit hearing set May 8","bullets":["Monthly distribution of $0.038014 per unit, payable May 14, 2026 to unitholders of record April 30, 2026.","Distribution increased from prior month due to $1.125M Blackbeard settlement payment and higher Texas Royalty volumes/pricing.","Waddell Ranch properties remain in excess cost position; no proceeds included in April distribution.","SoftVest litigation seeks to amend trust indenture; bench trial hearing set for May 8, 2026 in Tarrant County District Court.","Texas Royalty net production: 12,437 bbl oil and 9,220 Mcf gas; average oil price $59.33/bbl, gas $6.31/Mcf."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-163168","json":"https://secwatch.observer/filing/0001193125-26-163168.json","markdown":"https://secwatch.observer/filing/0001193125-26-163168.md","text":"https://secwatch.observer/filing/0001193125-26-163168.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319654/000119312526163168/0001193125-26-163168-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319654/000119312526163168/2026-04_permian_basin_8-.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:24:02.891529+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"}