Texas Pacific Land (TPL) executive compensation, 2026 proxy

Tyler Glover, President and Chief Executive Officer, was paid $7.1M in 2025, down 5% from $7.4M the year before. The CEO-to-median-employee pay ratio was 34:1, on median employee pay of $210,079.

Filed
September 25, 2026
Annual meeting
November 5, 2026
Pay year
2025
Named executives
3
CEO total pay
$7.1M-5% vs prior year
CEO to median employee
34:1median $210,079
CEO pay in equity
71%$5M in awards
Prior say-on-pay support
86%of votes cast
CEO salary
$850,000Base salary under employment agreement
CEO target bonus
100% of base salarySpecified performance targets
CEO LTI target
At least 300%Combined with target bonus
Maximum CEO stock awards
$6,019,891Assuming highest PSU performance

How Glover was paid

$7.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary12%Stock awards71%Non-equity incentive16%Pension and deferred comp0%All other compensation1%

Named executive officers

ExecutiveTotal
Tyler GloverPresident and Chief Executive Officer$7,072,516
Chris SteddumChief Financial Officer$3,701,872
Micheal W. DobbsSenior Vice President, Secretary and General Counsel$2,343,948

What changed and why

  • $7.1M$7,072,516 CEO total compensation decreased from $7,413,075 in 2024.
  • $5M$5,026,856 of CEO compensation was stock awards, including February 2025 PSUs and RSUs.
  • $1.2M$1,150,050 was paid to the CEO under the 2025 non-equity incentive plan.
  • December 31, 2024 Pension Plan freeze led to discretionary 401(k) contributions for 2025.
  • 86%86% of votes cast supported the 2024 executive compensation program at the November 2025 annual meeting.
  • 2025 annual incentive payouts were based on performance goals under the short-term incentive program.

Other Texas Pacific Land proxy statements

About this page

The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.