PERMIAN BASIN ROYALTY TRUST 8-K
Research Summary
AI-generated summary
Permian Basin Royalty Trust Announces Monthly Cash Distribution
What Happened
Permian Basin Royalty Trust (PBT) filed a Form 8-K on March 20, 2026 reporting that it issued a press release announcing a monthly cash distribution to unitholders of record on March 31, 2026. The press release is included as Exhibit 99.1 to the filing. The report was furnished under Item 2.02 (Results of Operations and Financial Condition) and the filing was signed by Nancy Willis, Director of Royalty Trust Services, on behalf of Argent Trust Company, Trustee.
Key Details
- Filing date: March 20, 2026 (Form 8-K furnished).
- Unitholders of record date: March 31, 2026 (eligible for the announced monthly distribution).
- Exhibit included: Press Release dated March 20, 2026 (Exhibit 99.1).
- Trustee and signer: Argent Trust Company; signed by Nancy Willis, Director of Royalty Trust Services.
- The 8-K discloses the distribution announcement but does not state the distribution amount or payment date in the body of the filing.
Why It Matters
Monthly cash distributions are a primary return component for holders of PBT units. This filing alerts investors that PBT declared its routine monthly distribution and identifies the record date for eligibility. Investors should review the attached press release (Exhibit 99.1) or subsequent communications for the distribution amount and payment date, which are not specified in the Form 8-K text.
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