Recent 8-K filings for PBT

• June 18, 2026, 10:50 AM ET M&A materiality 0.70 neutral item 2.02item 9.01

  Permian Basin Trust declares $0.024673/unit; SoftVest proposes business combination with Blackbeard Holdings

  Cash distribution of $0.024673/unit payable July 15, 2026 to holders of record June 30, 2026; no proceeds from Waddell Ranch due to excess costs.

• May 19, 2026, 10:46 AM ET M&A materiality 0.75 neutral item 7.01item 9.01

  SoftVest proposes business combination of Permian Basin Royalty Trust with Blackbeard Holdings

  SoftVest filed Schedule 13D on May 18, 2026, disclosing non-binding term sheet for combining Trust with Blackbeard.

• May 18, 2026, 11:59 AM ET other material materiality 0.50 neutral item 2.02item 9.01 ◈ Earnings Releases ×2

  Permian Basin Royalty Trust declares $0.020355/unit distribution; Waddell Ranch in excess cost; court modifies indenture

  Cash distribution $0.020355/unit payable June 12, 2026 to holders of record May 29, 2026.

• May 8, 2026, 7:59 PM ET other material materiality 0.65 neutral item 1.01item 3.03item 5.03item 7.01item 9.01 ◈ Material Agreements

  Court approves trust indenture amendments eliminating 75% supermajority requirement

  On May 8, 2026, the 96th District Court of Tarrant County approved SoftVest's petition to modify the Trust Indenture.

• May 6, 2026, 7:59 PM ET litigation materiality 0.60 neutral item 8.01item 2.02item 9.01

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

  SoftVest, L.P. filed petition to modify Trust Indenture: eliminate 75% approval requirement for amendments.

• April 20, 2026, 7:59 PM ET other material materiality 0.70 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares April distribution of $0.038014/unit; SoftVest lawsuit hearing set May 8

  Monthly distribution of $0.038014 per unit, payable May 14, 2026 to unitholders of record April 30, 2026.

• March 20, 2026, 7:59 PM ET other material materiality 0.60 neutral item 2.02item 9.01

  Permian Basin Royalty Trust Announces March Distribution of $0.010662 per Unit and SoftVest Petition to Modify Indenture

  Distribution of $0.010662 per unit payable April 14, 2026 to unitholders of record March 31, 2026.

• February 17, 2026, 6:59 PM ET other material materiality 0.65 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares Feb distribution $0.014221/unit; Waddell excess cost; SoftVest suit

  Distribution of $0.014221/unit payable March 13, 2026 to holders of record Feb 27, 2026.

• February 10, 2026, 6:59 PM ET other material materiality 0.60 neutral item 8.01item 9.01

  Unitholder SoftVest files petition to amend PBT trust indenture; hearing set for May 8, 2026

  SoftVest, owning 13.3% of PBT units, seeks to eliminate 75% supermajority vote requirement and allow amendments by majority vote.

• January 20, 2026, 6:59 PM ET other material materiality 0.65 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.040056/unit distribution; Waddell Ranch in excess cost; SoftVest petition filed

  January distribution of $0.040056/unit payable Feb 13, 2026 to holders of record Jan 30, 2026.

• December 30, 2025, 6:59 PM ET litigation materiality 0.70 neutral item 8.01item 9.01

  SoftVest sues to modify Permian Basin Royalty Trust, seeking to eliminate supermajority vote

  SoftVest (13.3% unitholder) filed a petition on Dec 26, 2025 to amend Trust Indenture.

• December 19, 2025, 6:59 PM ET dividend materiality 0.60 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.013198/unit December distribution; special meeting approves SoftVest proposal

  Cash distribution $0.013198/unit payable Jan 15, 2026 to holders of record Dec 31, 2025; decreased from prior month on lower oil volumes and pricing.

• December 18, 2025, 6:59 PM ET regulatory materiality 0.60 neutral item 5.07

  Permian Basin Royalty Trust unit holders approve non-binding proposal to seek judicial reformation of Trust Indenture

  27.9M of 46.6M outstanding units voted; quorum established at special meeting on Dec 16, 2025.

• November 17, 2025, 6:59 PM ET other material materiality 0.60 neutral item 2.02item 9.01

  Permian Basin Trust declares $0.019233/unit distribution, no Waddell proceeds; special meeting on Dec 16

  Cash distribution of $0.019233/unit payable Dec 12, 2025 to holders of record Nov 28, 2025.

• October 21, 2025, 7:59 PM ET dividend materiality 0.60 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.020021/unit October distribution; special meeting called by SoftVest on Dec 16

  Cash distribution of $0.020021 per unit, payable Nov 17 to holders of record Oct 31.

• October 15, 2025, 7:59 PM ET other material materiality 0.50 neutral item 8.01

  SoftVest-led >15% holders request Dec 16 special meeting to vote on Trust Indenture reform

  SoftVest and holders owning >15% of units request special meeting on Dec 16, 2025; record date Nov 11, 2025.

• September 19, 2025, 7:59 PM ET other material materiality 0.65 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.115493/unit distribution, includes $4.5M from Blackbeard settlement

  Distribution of $0.115493/unit ($5.38M total) payable Oct 15, 2025 to holders of record Sept 30.

• August 19, 2025, 7:59 PM ET other material materiality 0.60 negative item 2.02item 9.01

  PBT declares $0.0164/unit distribution; Waddell Ranch excess cost; operator Blackbeard sued for $9M+

  Cash distribution $0.016418/unit payable Sept 15, 2025 to holders of record Aug 29, 2025.

• August 19, 2025, 7:59 PM ET litigation materiality 0.85 positive item 1.01item 8.01item 9.01

  Permian Basin Royalty Trust settles Blackbeard litigation for $9M, $4.5M due in 30 days

  Blackbeard will pay $9,000,000 total; $4.5M within 30 days, $1.125M quarterly in 2026.

• July 21, 2025, 7:59 PM ET other material materiality 0.75 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.015311/unit distribution; operator dispute continues

  Distribution of $0.015311/unit payable Aug 14 to holders of record July 31; no Waddell Ranch proceeds included.

• June 20, 2025, 7:59 PM ET other material materiality 0.60 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.012976/unit distribution; operator dispute continues

  June distribution of $0.012976/unit, payable July 15, 2025; down from prior month due to lower gas volumes and oil pricing.

• May 27, 2025, 7:59 PM ET litigation materiality 0.75 neutral item 8.01item 9.01

  Permian Basin Royalty Trust files amended lawsuit seeking >$9M in damages from Blackbeard Operating

  Second Amended Petition seeks more than $9 million for unpaid royalties from April 2020–Dec 2023.

• May 19, 2025, 7:59 PM ET other material materiality 0.60 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.018841/unit May distribution; no Waddell Ranch proceeds due to excess costs

  Distribution of $0.018841/unit payable June 13, 2025 to holders of record May 30, 2025, down from prior month due to lower Texas Royalty oil volumes and pricing.

• April 17, 2025, 7:59 PM ET other material materiality 0.60 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.019615/unit distribution; no Waddell Ranch proceeds; litigation update

  Monthly cash distribution of $0.019615 per unit, payable May 14, 2025 to holders of record April 30, 2025.

• March 21, 2025, 7:59 PM ET dividend materiality 0.65 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.018047/unit monthly distribution; litigation update against operator Blackbeard

  Monthly cash distribution of $0.018047 per unit, payable April 14, 2025, to holders of record March 31, 2025.

• February 18, 2025, 6:59 PM ET dividend materiality 0.65 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.017144/unit distribution; Waddell Ranch excess costs persist

  Cash distribution of $0.017144/unit, payable March 14, 2025 to holders of record Feb 28, 2025; slight decrease from prior month due to lower oil volumes and gas pricing.

• January 21, 2025, 6:59 PM ET other material materiality 0.75 negative item 2.02item 9.01

  Permian Basin Trust distributes $0.02051/unit for Dec; Waddell excess costs continue; litigation seeks >$25M

  Distribution of $0.02051/unit payable Feb 14, 2025 to holders of record Jan 31, 2025, down slightly from prior month due to lower oil volumes and prices.

• December 20, 2024, 6:59 PM ET dividend materiality 0.70 neutral item 2.02item 9.01

  Permian Basin Royalty Trust Declares December Distribution of $0.021939/Unit; Waddell Ranch in Excess Cost

  Cash distribution of $0.021939 per unit payable Jan 15, 2025 to holders of record Dec 31, 2024.

• November 18, 2024, 6:59 PM ET dividend materiality 0.80 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.021733/unit distribution, reports Waddell Ranch excess costs, litigation update.

  November cash distribution of $0.021733 per unit to be paid Dec 13, 2024 to holders of record Nov 29, 2024.

• October 21, 2024, 7:59 PM ET dividend materiality 0.70 negative item 2.02item 9.01

  Permian Basin Royalty Trust Announces $0.029986 October Distribution, Lower Volumes and Ongoing Blackbeard Dispute

  Cash distribution of $0.029986 per unit payable Nov 15, 2024 to holders of record Oct 31, 2024; includes $267,781 from September Waddell Ranch proceeds.

• September 20, 2024, 7:59 PM ET other material materiality 0.80 negative item 2.02item 9.01

  Permian Basin Royalty Trust Sept distribution $0.050711/unit; operator Blackbeard refuses data, litigation escalates

  Distribution of $0.050711/unit payable Oct 15 to holders of record Sep 30; down from prior month due to lower Waddell Ranch proceeds.

• August 20, 2024, 7:59 PM ET dividend materiality 0.70 negative item 2.02item 9.01

  Permian Basin Trust declares $0.0519/unit distribution; Blackbeard withholds data, litigation ongoing

  Distribution of $0.051902/unit to holders of record Aug 30, payable Sept 16, 2024; down from prior month.

• July 19, 2024, 7:59 PM ET other material materiality 0.65 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares July distribution of $0.070169/unit; operator dispute continues

  July distribution of $0.070169/unit payable Aug 14, record July 31; slight decrease from prior month.

• June 17, 2024, 7:59 PM ET dividend materiality 0.60 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.072743/unit June distribution, notes Blackbeard data refusal

  Cash distribution of $0.072743/unit payable July 15, 2024 to holders of record June 28, 2024.

• June 4, 2024, 7:59 PM ET other material materiality 0.65 negative item 2.02item 9.01

  Permian Basin Royalty Trust receives $2.25M Waddell Ranch proceeds; updates lawsuit against operator for >$15M

  Received $2,247,045 in Waddell Ranch proceeds for inclusion in June 2024 distribution.

• May 20, 2024, 7:59 PM ET other material materiality 0.65 negative item 2.02item 9.01

  PBT declares $0.020052/unit distribution, omits Waddell Ranch; sues Blackbeard for >$15M

  Cash distribution of $0.020052/unit, payable June 14, 2024 to holders of record May 31, 2024.

• May 9, 2024, 7:59 PM ET litigation materiality 0.75 negative item 8.01item 9.01

  Permian Basin Royalty Trust sues Blackbeard Operating for $15M+ in improper royalty deductions

  Trustee filed suit in Tarrant County, TX, seeking over $15M for impermissible overhead and expense deductions from 75% royalty on Waddell Ranch properties.

• April 19, 2024, 7:59 PM ET dividend materiality 0.55 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.088214/unit monthly distribution, up from prior month

  Distribution of $0.088214 per unit payable May 14, 2024 to record date April 30, 2024.

• March 19, 2024, 7:59 PM ET earnings materiality 0.62 negative item 2.02item 9.01

  Permian Basin Royalty Trust March distribution $0.04134/unit, down 9% from Feb; corrects prior error

  Distribution of $0.04134/unit payable Apr 12, down from $0.04546 in Feb (decrease of $0.00412/unit or 9%).

• February 16, 2024, 6:59 PM ET other material materiality 0.60 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.04546/unit distribution; sues Blackbeard for >$15M

  Cash distribution of $0.045460 per unit, payable Mar 14, 2024 to holders of record Feb 29, 2024.

• January 19, 2024, 6:59 PM ET other material materiality 0.75 negative item 2.02item 9.01

  PBT declares $0.031031/unit distribution, down; sues Blackbeard for $15M+; warns of future risk

  Cash distribution of $0.031031/unit, payable Feb 14, 2024, down from prior month due to lower production/pricing and higher CAPEX.

• December 27, 2023, 6:59 PM ET litigation materiality 0.65 negative item 8.01

  Permian Basin Royalty Trust sues operator Blackbeard for $15M+ in improper royalty deductions

  Trustee filed complaint in Northern District of Texas against Blackbeard Operating LLC.

• December 18, 2023, 6:59 PM ET other material materiality 0.50 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.106232/unit distribution, down on higher costs

  Distribution of $0.106232/unit payable Jan 16, 2024 to holders of record Dec 29, 2023; decreased from prior month.

• November 17, 2023, 6:59 PM ET dividend materiality 0.50 neutral item 2.02item 9.01

  PBT declares $0.157171/unit monthly distribution, up from prior month on higher prices and lower CAPEX

  Distribution of $0.157171 per unit payable Dec 14, 2023 to holders of record Nov 30, 2023.

• October 20, 2023, 7:59 PM ET dividend materiality 0.55 positive item 2.02item 9.01

  Permian Basin Royalty Trust announces Oct cash distribution of $0.042862 per unit, payable Nov 14

  Distribution of $0.042862/unit increased from prior month due to higher oil production and pricing on Texas Royalty Properties and Blackbeard distribution on Waddell Ranch.

• September 19, 2023, 7:59 PM ET other material materiality 0.55 negative item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.022414/unit Sept distribution; Waddell Ranch fails to contribute

  Distribution of $0.022414/unit payable Oct 16, 2023 to record holders Sep 29, 2023.

• August 21, 2023, 7:59 PM ET dividend materiality 0.55 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.024535/unit monthly distribution; Texas Royalties drive increase

  Declares $0.024535/unit distribution, payable Sep 15, 2023 to holders of record Aug 31, 2023.

• July 21, 2023, 7:59 PM ET dividend materiality 0.60 negative item 2.02item 9.01 ◈ Earnings Releases

  Permian Basin Royalty Trust declares $0.021749/unit distribution; Waddell Ranch NPI negative

  July distribution $0.021749/unit, payable Aug 14 to holders of record July 31; down from prior month on lower oil/gas prices.

• June 20, 2023, 7:59 PM ET dividend materiality 0.50 neutral item 2.02item 9.01 ◈ Earnings Releases

  Permian Basin Royalty Trust declares June cash distribution of $0.052371 per unit

  Distribution of $0.052371 per unit payable July 17, 2023 to holders of record June 30, 2023.

• May 19, 2023, 7:59 PM ET dividend materiality 0.50 neutral item 2.02item 9.01

  Permian Basin Royalty Trust declares $0.044388/unit May distribution (up MoM)

  May cash distribution of $0.044388/unit, payable June 14, 2023 to holders of record May 31.

Materiality & sentiment trend

Max materiality 0.85 · Median 0.64 · Most common event other_material

2 positive 24 negative 24 neutral

source · PBT on sec.gov