Cross Timbers Royalty Trust director Eric L. Oliver buys $131,558 in shares By Investing.com

Eric L. Oliver, a director and 10% owner of Cross Timbers Royalty Trust (), acquired units of beneficial interest totaling $131,558 in recent transactions. The purchases occurred at weighted average prices ranging from $10.12 to $10.44 per unit. The insider buying comes as CRT trades near its 52-week high of $11.10, with the stock up nearly 37% year-to-date. According to InvestingPro analysis, the trust currently appears overvalued relative to its Fair Value, though it offers an attractive 6.97% dividend yield.

According to a Form 4 filing with the Securities and Exchange Commission, Mr. Oliver, through SoftVest, LP, purchased a total of 12,696 units across two separate dates in August 2026.

On August 13, 2026, SoftVest, LP acquired 3,087 units of beneficial interest at a weighted average price of $10.12 per unit. These units were bought in multiple transactions with prices ranging from $10.00 to $10.20.

The following day, August 14, 2026, an additional 9,609 units were acquired by SoftVest, LP at a weighted average price of $10.44 per unit. The prices for these transactions ranged from $10.35 to $10.50.

Following these acquisitions, SoftVest, LP beneficially owns 963,738 units of beneficial interest. Eric L. Oliver is the managing member of SoftVest GP I, LLC, which is the general partner of SoftVest, LP. As such, Mr. Oliver may be deemed to beneficially own the securities held by SoftVest, LP, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.