Results of Operations and Financial Condition.

On January 19, 2021, PermRock Royalty Trust (the "Trust") issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing, among other things, a cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of January 29, 2021 and payable on February 12, 2021 in the amount of $193,802.60 ($0.015930 per Trust Unit), based principally upon production during the month of November 2020.

In accordance with general instruction B.2 to Form 8-K, the information in this Form 8-K shall be deemed "furnished" and not "filed" with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

Item 9.01

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