{"url_path":"/sec/gultu/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1565146/0001493152-26-022728-index.html","accession_number":"0001493152-26-022728","cik":"0001565146","ticker":"GULTU","issuer_name":"Gulf Coast Ultra Deep Royalty Trust","edgar_url":"https://www.sec.gov/Archives/edgar/data/1565146/0001493152-26-022728-index.html","primary_entity_key":"0001565146","primary_entity_name":"Gulf Coast Ultra Deep Royalty Trust"},"word_count":512,"has_tables":true,"body_markdown":"10-Q\n1\nform10-q.htm\n10-Q\n\n**UNITED\nSTATES**\n\n**SECURITIES\nAND EXCHANGE COMMISSION**\n\n**WASHINGTON,\nDC 20549**\n\n** **\n\n**FORM\n10-Q**\n\n**(Mark\nOne)**\n\n☒**QUARTERLY\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n**For\nthe quarterly period ended March 31, 2026**\n\n** **\n\n**OR**\n\n** **\n\n☐**TRANSITION\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n** **\n\n**For\nthe transition period from ___________ to ___________**\n\n**Commission\nFile Number: 001-36386**\n\n** **\n\n**Gulf\nCoast Ultra Deep Royalty Trust**\n\n**(Exact\nName of Registrant as Specified in its Charter)**\n\n** **\n\n**Delaware**\n\n**46-6448579**\n\n(State\nor other jurisdiction of\n\nincorporation\nor organization)\n\n(I.R.S.\nEmployer\n\nIdentification\nNo.)\n\n**The\nBank of New York Mellon Trust Company, N.A., as trustee**\n\n**601\nTravis Street, 16th Floor**\n\n**Houston,\nTexas**\n\n**77002**\n\n(Address\nof principal executive offices)\n\n(Zip\nCode)\n\n**Registrant’s\ntelephone number, including area code: (512) 236-6555**\n\nSecurities\nregistered pursuant to Section 12(b) of the Act: None\n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)\nhas been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No\n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files). ☐ Yes ☐ No\n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”\n“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge\naccelerated filer\n☐\nAccelerated\nfiler\n☐\n\nNon-accelerated\nfiler\n☒\nSmaller\nreporting company\n☒\n\nEmerging\ngrowth company\n☐\n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).\n\n☐\nYes ☒ No\n\nOn\nMay 13, 2026, there were 230,172,696 royalty trust units outstanding representing beneficial interests in the registrant.\n\n**GULF\nCOAST ULTRA DEEP ROYALTY TRUST**\n\n**TABLE\nOF CONTENTS**\n\n** **\n\nPage\n\n[Part\nI. Financial Information](#a_001)\n\n[Item\n1. Financial Statements:](#a_002)\n\n[Statements\nof Assets, Liabilities and Trust Corpus](#a_003)\n3\n\n[Statements\nof Distributable Income](#a_004)\n4\n\n[Statements\nof Changes in Trust Corpus](#a_005)\n5\n\n[Notes\nto Financial Statements](#a_006)\n6\n\n[Item\n2. Trustee’s Discussion and Analysis of Financial Condition and Results of Operations](#a_007)\n10\n\n[Item\n3. Quantitative and Qualitative Disclosures About Market Risk](#a_008)\n14\n\n[Item\n4. Controls and Procedures](#a_009)\n14\n\n[Part\nII. Other Information](#a_010)\n\n[Item\n1. Legal Proceedings](#a_011)\n15\n\n[Item\n1A. Risk Factors](#a_012)\n15\n\n[Item\n5. Other Information](#a_013)\n15\n\n[Item\n6. Exhibits](#a_014)\n15\n\n[Signature](#a_015)\n16\n\n2\n\n** **\n\n**Part\nI. FINANCIAL INFORMATION**"}