Form 4: Sitio Royalties Corp. Director Acquires Shares Through Deferred Share Units
SEC Form 4 Filing
Director Jon-Al Duplantier acquired 16,216 shares of Sitio Royalties Corp. Class A Common Stock through deferred share units (DSUs) under the company's Long Term Incentive Plan.
Summary
- On May 13, 2025, Jon-Al Duplantier, a director of Sitio Royalties Corp., acquired 16,216 shares of Class A Common Stock.
- The acquisition was made through deferred share units (DSUs) granted under the Sitio Royalties Corp. Long Term Incentive Plan.
- Each DSU represents a contingent right to receive one share of Sitio Royalties Corp.'s Class A common stock.
- The DSUs will vest in four equal quarterly installments over the one-year period following May 13, 2025, contingent upon continuous service.
- Following vesting, the shares will be delivered after the termination of the director's service relationship with the issuer.
- Following the transaction, Duplantier beneficially owns 57,940 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. There is no indication of positive or negative implications for the company's performance.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Future Outlook
The shares of Common Stock underlying the DSUs will be delivered to the reporting person as soon as administratively practicable following the date that the reporting person's service relationship with the issuer is terminated for any reason.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Stakeholder Impact
- The transaction increases the director's alignment with shareholder interests through increased equity ownership.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Acquisition of shares through deferred share units. |
| 05/13/2025 | Start date for vesting of DSUs in four equal quarterly installments over one year. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
Keywords
Sitio Royalties Corp., Director, Share Acquisition, Deferred Share Units, DSUs, Long Term Incentive Plan, Class A Common Stock, Beneficial Ownership, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.