Court approves trust indenture amendments eliminating 75% supermajority requirement

PERMIAN BASIN ROYALTY TRUST

On May 8, 2026, the 96th District Court of Tarrant County approved SoftVest's petition to modify the Trust Indenture.
Section 8.03 amended to remove the requirement for 75% unitholder approval for certain amendments.
Section 10.01 (prohibited amendments) deleted; Article X replaced to allow amendment by a majority in interest of unitholders at a meeting with a quorum.

item 1.01 item 3.03 item 5.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PERMIAN BASIN ROYALTY TRUST amended Amendment No. 2 to the Amended and Restated Trust Indenture of Permian Basin Royalty Trust (effective 2026-05-08).

Action: amendment
Agreement: notes offering
Effective: 2026-05-08

Exact text from the filing

Argent Trust Company, the trustee of the Trust, entered into Amendment No. 2 to the Amended and Restated Trust Indenture of Permian Basin Royalty Trust dated May 8, 2026 (the “Amendment”) implementing the modifications approved by the Court.

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PERMIAN BASIN ROYALTY TRUST filing history →

Source: SEC EDGAR

accession 0001193125-26-214698

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