• SoftVest reported beneficial ownership of 4,590,430 Units of Beneficial Interest in San Juan Basin Royalty Trust in an initial ownership statement.
• The filing identifies Eric L. Oliver, SoftVest and SoftVest GP I as 10% owners, with a November 9, 2026, reporting event.
• SoftVest also holds a call option covering 70,500 Units of Beneficial Interest at a $5 exercise price, expiring January 15, 2027.
• The statement was signed November 11, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. San Juan Basin Royalty Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-125581), on November 12, 2026, and is solely responsible for the information contained therein.