Form 4: Sitio Royalties Corp. Director Gayle Burleson Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 05/13/2025 | Date of the earliest transaction: acquisition of deferred share units and disposal of shares. |
| 05/15/2025 | Date 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
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