Form 4: LandBridge Co LLC Executive Withholds Shares for Tax Obligations Following RSU Vesting

LandBridge Co LLC's Executive Vice President and General Counsel, Harrison Fenner Bolling, disposed of 8,366 Class A shares valued at $66.38 per share to cover tax withholding obligations related to the vesting of restricted share units.

Summary

• Harrison Fenner Bolling, Executive Vice President and General Counsel of LandBridge Co LLC, reported a transaction on July 1, 2025.
• The transaction involved the disposition of 8,366 Class A shares.
• The shares were disposed of at a price of $66.38 per share.
• The disposition was a mandatory tax withholding in connection with the vesting and settlement of restricted share units (RSUs) issued under the LandBridge Company LLC Long-Term Incentive Plan.
• Following this transaction, Harrison Fenner Bolling directly beneficially owns 66,024 Class A shares.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event related to RSU vesting, which is a neutral event from an investment perspective as it is not a discretionary sale by the insider.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it reports a past transaction.

Management Comments

• Harrison Fenner Bolling holds the position of Executive Vice President and General Counsel at LandBridge Co LLC.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the tax withholding associated with the vesting of restricted share units. Such transactions are common across all industries for publicly traded companies that utilize equity-based compensation plans.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine tax-related transaction by an executive, not a discretionary sale indicating a change in sentiment.
• Employees: The RSU vesting indicates the company's long-term incentive plan is functioning, which can be positive for employee retention and motivation.

Key Dates

Keywords

LandBridge Co LLC, LB, Form 4, insider transaction, restricted share units, RSU vesting, tax withholding, beneficial ownership, executive compensation