---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-214698"
form_type: "8-K"
ticker: "PBT"
cik: "0000319654"
company_name: "PERMIAN BASIN ROYALTY TRUST"
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:15:25.787747+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Court approves trust indenture amendments eliminating 75% supermajority requirement

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-214698
- form_type: 8-K
- ticker: PBT
- cik: 0000319654
- company_name: PERMIAN BASIN ROYALTY TRUST
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319654/000119312526214698/0001193125-26-214698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319654/000119312526214698/2026-05_pbt_rslt_of_hear.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-214698
- JSON: https://secwatch.observer/filing/0001193125-26-214698.json
- Plain text: https://secwatch.observer/filing/0001193125-26-214698.txt

## Source-grounded claims
- claim_id: 4a445d5f8cbab919870d25e2417e11ce6861056a
  claim: PERMIAN BASIN ROYALTY TRUST amended Amendment No. 2 to the Amended and Restated Trust Indenture of Permian Basin Royalty Trust (effective 2026-05-08).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/319654/000119312526214698/0001193125-26-214698-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
