{"url_path":"/sec/gultu/10-q/2026/item-4","section_key":"item-4","section_title":"Item 4 Controls and Procedures.**","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":323,"has_tables":true,"body_markdown":"**Item\n4. Controls and Procedures.**\n\n(a)\nEvaluation of disclosure controls and procedures. The Royalty Trust has no employees, and, therefore, does not have a principal\nexecutive officer or principal financial officer. Accordingly, the Trustee is responsible for making the evaluations, assessments and\nconclusions required pursuant to this Item 4. The Trustee has evaluated the effectiveness of the Royalty Trust’s “disclosure\ncontrols and procedures” (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered\nby this Form 10-Q. Based on this evaluation, the Trustee has concluded that the Royalty Trust’s disclosure controls and procedures\nare effective as of the end of the period covered by this Form 10-Q.\n\nDue\nto the nature of the Royalty Trust as a passive entity and in light of the contractual arrangements pursuant to which the Royalty Trust\nwas created, including the provisions of (i) the Royalty Trust Agreement and (ii) the master conveyance, the Royalty Trust’s disclosure\ncontrols and procedures necessarily rely on (A) information provided by FCX or HOGA, including information relating to results of operations,\nthe costs and revenues attributable to the subject interests and other operating and historical data, plans for future operating and\ncapital expenditures, reserve information, information relating to projected production, and other information relating to the status\nand results of operations of the subject interests and the overriding royalty interests, and (B) conclusions and reports regarding reserves\nby the Royalty Trust’s independent reserve engineers.\n\n(b)\nChanges in internal control over financial reporting. During the quarter ended March 31, 2026, there has been no change in the\nRoyalty Trust’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect,\nthe Royalty Trust’s internal control over financial reporting. The Trustee notes for purposes of clarification that it has no authority\nover, and makes no statement concerning, the internal control over financial reporting of HOGA.\n\n14\n\n** **\n\n**PART\nII. OTHER INFORMATION**"}