Form 4: Sitio Royalties Corp. Director Gayle Burleson Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Gayle Burleson reports acquisition of deferred share units and disposal of shares.

Summary

  • On May 13, 2025, Gayle Burleson, a director of Sitio Royalties Corp., reported changes in beneficial ownership.
  • Burleson acquired 16,216 Class A Common Stock deferred share units (DSUs) at a price of $0.
  • These DSUs vest in four equal quarterly installments over one year, contingent upon continuous service.
  • Burleson also disposed of 48,995 shares.
  • 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

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 filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.

Stakeholder Impact

  • The acquisition of deferred share units and disposal of shares by a director may be of interest to shareholders.

Key Dates

DateDescription
05/13/2025Date of the earliest transaction: acquisition of deferred share units and disposal of shares.
05/15/2025Date of signature on the report.

Keywords

Sitio Royalties Corp., Director, Gayle Burleson, Form 4, Beneficial Ownership, Deferred Share Units, DSUs, Class A Common Stock, Securities

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.