SoftVest LP reveals 600,091 CROSS TIMBERS (CRT) units in Form 3 filing

Rhea-AI Filing Summary

CROSS TIMBERS ROYALTY TRUST reported an initial insider position showing 600,091 Units of Beneficial Interest held indirectly by SoftVest, LP. SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of SoftVest GP I, LLC. Mr. Oliver may be deemed to share beneficial ownership through his pecuniary interest but expressly disclaims beneficial ownership beyond that economic stake.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider OLIVER ERIC L, SoftVest, LP, SoftVest GP I, LLC

Role 10% Owner | 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
holding	Units of Beneficial Interest	--	--	--

Holdings After Transaction: Units of Beneficial Interest — 600,091 shares (Indirect, By SoftVest, LP)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

OLIVER ERIC L

(Last) (First) (Middle)

400 PINE STREET, SUITE 1010

(Street)

ABILENE TEXAS 79601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2026

3. Issuer Name and Ticker or Trading Symbol
CROSS TIMBERS ROYALTY TRUST [ CRT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Units of Beneficial Interest	600,091	I	By SoftVest, LP(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

OLIVER ERIC L

(Last) (First) (Middle)

400 PINE STREET, SUITE 1010

(Street)

ABILENE TEXAS 79601

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SoftVest, LP

(Last) (First) (Middle)

400 PINE STREET, SUITE 1010

(Street)

ABILENE TEXAS 79601

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

SoftVest GP I, LLC

(Last) (First) (Middle)

400 PINE STREET, SUITE 1010

(Street)

ABILENE TEXAS 79601

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Directly held by SoftVest, LP. SoftVest GP I, LLC is the general partner of SoftVest, LP and Eric L. Oliver is the managing member of SoftVest GP I, LLC. As a result, each of SoftVest GP I, LLC and Mr. Oliver may be deemed to beneficially own the securities beneficially owned by SoftVest, LP. Mr. Oliver disclaims any beneficial ownership with respect to the securities held by SoftVest, LP except to the extent of his pecuniary interest therein.

	/s/ Eric L. Oliver	03/27/2026
	SoftVest, LP By: SoftVest GP I, LLC, its general partner By: /s/ Eric L. Oliver, Managing Member	03/27/2026
	SoftVest GP I, LLC By: /s/ Eric L. Oliver, Managing Member	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What insider holdings were reported for CROSS TIMBERS ROYALTY TRUST (CRT)?

The filing shows an initial insider position of 600,091 Units of Beneficial Interest in CROSS TIMBERS ROYALTY TRUST, held indirectly by SoftVest, LP. This is a Form 3 disclosure of existing ownership, not a new purchase or sale transaction.

Who is the primary holder of the CRT units in this Form 3?

The 600,091 units are directly held by SoftVest, LP. SoftVest GP I, LLC serves as SoftVest, LP’s general partner, and this structure means the entities, rather than an individual alone, are the primary direct owners of the reported CROSS TIMBERS ROYALTY TRUST units.

How is Eric L. Oliver related to the CRT holdings reported?

Eric L. Oliver is the managing member of SoftVest GP I, LLC, which is the general partner of SoftVest, LP. Through this role, he may be deemed to beneficially own units held by SoftVest, LP to the extent of his pecuniary interest in that entity.

Does Eric L. Oliver claim full beneficial ownership of the CRT units?

No. The disclosure states that Mr. Oliver disclaims beneficial ownership of the securities held by SoftVest, LP except to the extent of his pecuniary interest. This means he recognizes only his economic stake, not full direct ownership of all reported units.

Is this CRT Form 3 reporting a new transaction or existing holdings?

This Form 3 reflects existing holdings, not a new buy or sell transaction. The filing records 600,091 units of CROSS TIMBERS ROYALTY TRUST beneficially owned indirectly through SoftVest, LP, providing a baseline of ownership for the reporting persons.