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SABINE ROYALTY TRUST

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

SBR$64.08-1.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 15. Exhibits, Financial Statement Schedules

(a)

The following documents are filed as a part of this report:

Financial Statements (included in Item 8 of this report)

Reports of Independent Registered Public Accounting Firm

Statements of Assets, Liabilities and Trust Corpus at December 31, 2025 and 2024

Statements of Distributable Income for Each of the Three Years in the Period Ended December 31, 2025

Statements of Changes in Trust Corpus for Each of the Three Years in the Period Ended December 31, 2025

Notes to Financial Statements

Financial Statement Schedules

Financial statement schedules are omitted because of the absence of conditions under which they are required or because the required information is included in the financial statements and notes thereto.

Exhibits

(4)(a)–Sabine Corporation Amended and Restated Royalty Trust Agreement effective as of May 22, 2014 (incorporated by reference to Exhibit 4(a) of the Registrant’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2014).
(b)–Amendment No. 1 to the Amended and Restated Royalty Trust Agreement of Sabine Royalty Trust, dated May 2, 2022 (incorporated by reference to Exhibit 4.1 of the Registrant’s Current Report on Form 8-K filed May 6, 2022).
(c)*–Sabine Corporation Louisiana Royalty Trust Agreement effective as of December 31, 1982, by and between Sabine Corporation and Hibernia National Bank in New Orleans, as trustee, and joined in by InterFirst Bank Dallas, N.A., as trustee. (P)
(23)**–Consent of DeGolyer and MacNaughton.
(31)**–Rule 13a-14(a)(15d-14(a)) Certification.
(32)**–Certification by Argent, Trustee of Sabine Royalty Trust, dated February 27, 2026 and submitted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. Section 1350).
(97)**–Executive Officer Compensation Recovery Policy
(99)**–Report dated February 13, 2026 of the Special Purpose Statement of Fees and Expenses paid by Sabine Royalty Trust to Argent Trust Company, as Trustee and Escrow Agent.
  • Exhibit 4(c) is incorporated herein by reference to Exhibit 4(b), respectively, of the Registrant’s Annual Report on Form 10-K for the year ended December 31, 1993.

** Filed herewith.

(P)

Paper exhibits.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SABINE ROYALTY TRUST
BY: ARGENT TRUST COMPANY, Trustee
By:/s/ NANCY WILLIS
Nancy Willis
Director of Royalty Trust Services

Date: February 27, 2026

(The Registrant has no directors or executive officers.)

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.