Permian Basin Royalty Trust 8-K Filing
Ticker: PBT · Form: 8-K · Filed: Dec 30, 2025 · CIK: 319654
Sentiment: neutral
Filing Stats: 794 words · 3 min read · ~3 pages · Grade level 13.5 · Accepted 2025-12-30 16:57:11
Filing Documents
- 2025-12_pbt_judicial_ref.htm (8-K) — 47KB
- pbt-ex99_1.htm (EX-99.1) — 568KB
- img104613731_0.jpg (GRAPHIC) — 56KB
- img104613731_1.jpg (GRAPHIC) — 39KB
- img104613731_2.jpg (GRAPHIC) — 45KB
- img104613731_3.jpg (GRAPHIC) — 98KB
- img104613731_4.jpg (GRAPHIC) — 5KB
- 0001193125-25-337227.txt ( ) — 950KB
01. Other Events
Item 8.01. Other Events. On December 26, 2025, SoftVest, L.P.(“SoftVest”), a unit holder of the Permian Basin Royalty Trust (the “Trust”), filed an Original Petition for Modification of Trust (the “Petition”) in the District Court of Tarrant County, Texas (Cause No. 96-373245-25) seeking judicial modification of the Trust’s Indenture. In the Petition, SoftVest seeks to (i) amend Section 8.03 of the Indenture to eliminate the requirement that certain amendments require approval by 75% of the outstanding units of the Trust, and (2) delete Section 10.01 of the Indenture that sets forth certain prohibited amendments and replace Article X of the Indenture with a provision permitting amendment of any provision of the Indenture by a vote of unitholders in accordance with Article VIII (which, as amended, would permit amendment by a majority in interest of unitholders constituting a quorum at a meeting of unitholders where a quorum is present). The foregoing description of the Petition does not purport to be complete and is qualified in its entirety by reference to the Petition, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Forward-looking Statements
Forward-looking Statements Any statements in this Current Report on Form 8-K and the exhibits filed or furnished herewith about plans for the Trust, plans by SoftVest or other unit holders to seek judicial reformation or modification of the Trust Indenture or take other actions with respect to the Trust, and other statements containing the words “estimates,” “believes,” “anticipates,” “plans,” “expects,” “will,” “may,” “intends” and similar expressions, other than historical facts, constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Factors or risks that could cause the Trust’s actual results to differ materially from the results it anticipates include, but are not limited to actions by SoftVest or other unit holders or other third parties, including courts, that are not within the control of the Trust or the Trustee. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this material represent the Trustee’s views as of the date hereof. The Trustee anticipates that subsequent events and developments may cause its views to change. However, while the Trustee may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Trustee’s views as of any date subsequent to the date hereof.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Original Petition for Modification of Trust filed December 26, 2025 by SoftVest in the District Court of Tarrant County, Texas
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERMIAN BASIN ROYALTY TRUST By: ARGENT TRUST COMPANY, TRUSTEE By: /s/ Nancy Willis Date: December 30, 2025 Nancy Willis Director of Royalty Trust Services