SoftVest seeks to amend Permian Basin Royalty Trust indenture; hearing on May 8 rescheduled to 9:30 a.m.

PERMIAN BASIN ROYALTY TRUST

SoftVest, L.P. filed petition to modify Trust Indenture: eliminate 75% approval requirement for amendments.
Seek to delete prohibited amendments article, allow amendments by majority vote of unitholders.
Hearing before 96th District Court of Tarrant County on May 8, 2026, moved to 9:30 a.m. CT.
Trust (PBT) is a Texas royalty trust; litigation could change governance structure.

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