Form 4: Sitio Royalties Corp. CFO Carrie L. Osicka Reports Tax Withholding Transaction
SEC Form 4 Filing
Carrie L. Osicka, CFO of Sitio Royalties Corp., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2024, Carrie L. Osicka, the Chief Financial Officer of Sitio Royalties Corp., had 2,727 shares of Class A Common Stock withheld by the company to satisfy tax obligations.
- This withholding was related to the vesting of one-third of a restricted stock unit award.
- The price per share used for the tax withholding was $23.15, which was the closing price of the company's Class A common stock on March 1, 2024.
- Following this transaction, Osicka beneficially owns 88,818 shares of Sitio Royalties Corp.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations and stock vesting. It doesn't indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the transaction (tax withholding) and vesting of restricted stock units. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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