Form 4: Sitio Royalties Corp. Director Claire Harvey Reports Acquisition of Deferred Share Units

Director Claire Harvey reports the acquisition of 16,216 deferred share units (DSUs) of Sitio Royalties Corp. Class A common stock.

Summary

• On May 13, 2025, Claire Harvey, a director of Sitio Royalties Corp., acquired 16,216 deferred share units (DSUs) of Class A common stock.
• The 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 one year, contingent upon continuous service.
• Following vesting, the underlying shares will be delivered after the termination of the director's service relationship with the issuer.
• Following the transaction, Ms. Harvey directly owns 68,675 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain overtly positive or negative information, but the granting of equity suggests confidence in the company's future.

Positives

• The grant of DSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the director.

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 for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of DSUs by a director aligns their interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

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