{
  "id": 13297815,
  "title": "Eric L. Oliver, Cross Timbers director, buys $87,575 in units",
  "url": "https://urgent.news/2026/10/10/eric-l-oliver-cross-timbers-director-buys-87-575-in-units",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T01:31:13.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/eric-l-oliver-cross-timbers-director-buys-87575-in-units-93CH-4941917"
  },
  "original_language": "en",
  "account": "Eric L. Oliver, a director and 10% owner of Cross Timbers Royalty Trust (NASDAQ:CRT), bolstered his indirect stake in the company through two transactions totaling $87,575. The acquisitions, completed on October 7 and October 8, 2026, saw Oliver purchase a combined 7,359 units of beneficial interest. On the first day, October 7, he bought 1,318 units at a weighted average price of $11.49, with each transaction priced between $11.37 and $11.50. The following day, October 8, he acquired an additional 6,041 units at a higher weighted average price of $11.99, with prices for those transactions ranging from $11.80 to $12.05. As a result, Oliver's indirect beneficial ownership in Cross Timbers Royalty Trust reached 1,013,232 units. Despite the trust's strong 70% return over the past year, InvestingPro analysis indicates the stock is currently overvalued. The royalty trust provides an impressive 6.46% dividend yield and has consistently paid dividends for 35 consecutive years. The securities are held directly by SoftVest, LP, and Oliver serves as the managing member of SoftVest GP I, LLC, the general partner of SoftVest, LP.",
  "summary": null,
  "key_points": [
    "Eric L. Oliver, Cross Timbers director and 10% owner, purchased $87,575 worth of units.",
    "Oliver bought 7,359 units on October 7 and 6,041 units on October 8, 2026.",
    "His indirect beneficial ownership in Cross Timbers Royalty Trust reached 1,013,232 units."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}