---
schema_version: "secwatch.filing_event.v1"
accession: "0001839882-23-032566"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T18:50:41.913920+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Delaware Chancery Court rules for Texas Pacific Land in shareholder vote dispute; stock split planned

## Summary
- Court ruled Horizon Kinetics/SoftVest must vote with board on Proposal 4, deeming their shares voted in favor.
- Share Authorization Proposal to increase authorized common shares approved by stockholders.
- Company intends to use newly authorized shares for a stock split via stock dividend, conditioned on final order.
- Litigation resolved in TPL's favor; Sidley Austin and Abrams & Bayliss represented the company.

## SEC filing metadata
- accession: 0001839882-23-032566
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000183988223032566/0001839882-23-032566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000183988223032566/tpl-8k_120123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001839882-23-032566
- JSON: https://secwatch.observer/filing/0001839882-23-032566.json
- Plain text: https://secwatch.observer/filing/0001839882-23-032566.txt

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