Form 4: Sitio Royalties Corp. Director Alice E. Gould Reports Acquisition of Deferred Share Units

Sentiment:

SEC Form 4 Filing


Director Alice E. Gould reports acquisition of 16,216 deferred share units (DSUs) of Sitio Royalties Corp.

Summary

  • On May 13, 2025, Alice E. Gould, a director of Sitio Royalties Corp., acquired 16,216 deferred share units (DSUs).
  • These DSUs were 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 a one-year period following May 13, 2025, contingent upon continuous service.
  • Following vesting, the underlying shares will be delivered after the termination of the director's service relationship with the issuer.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns incentives with shareholder value. There are no indications of negative events or concerns.

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

This Form 4 filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

  • The transaction aligns the director's interests with those of shareholders through equity-based compensation.
  • The vesting schedule encourages long-term commitment from the director.

Key Dates

DateDescription
05/13/2025Date of transaction: Acquisition of 16,216 deferred share units (DSUs)
05/13/2025Start date for vesting of DSUs in four equal quarterly installments over one year
05/15/2025Date of signature for the Form 4 filing

Keywords

Sitio Royalties Corp., Director, Alice E. Gould, Deferred Share Units, DSUs, Form 4, Beneficial Ownership, Long Term Incentive Plan, Class A Common Stock

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