• Permian Basin Royalty Trust litigation over proposed changes to trust governance moved closer to trial as hearing on SoftVest petition was reset to 9:30 a.m. CT on May 8, 2026, in Tarrant County district court.
• SoftVest seeks court-ordered modification of trust indenture to remove 75% unitholder approval threshold for certain amendments.
• Petition also targets restrictions on prohibited amendments, proposing a framework that would allow changes by majority vote of unitholders constituting a quorum.

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. Permian Basin Royalty Trust published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.