Form 4: Sitio Royalties Corp. Director John R. Sult Acquires Shares Through Deferred Share Units

Director John R. Sult acquired 16,216 shares of Sitio Royalties Corp. Class A Common Stock through deferred share units (DSUs) granted under the company's Long Term Incentive Plan.

Summary

• On May 13, 2025, John R. Sult, 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, subject to continuous service.
• Following vesting, the shares of Common Stock underlying the DSUs will be delivered after the termination of the director's service relationship with the issuer.
• Following the transaction, Sult beneficially owns 104,955 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and ongoing relationship between the director and the company. The sentiment is neutral to slightly positive as it reflects standard corporate governance practices.

Positives

• The grant of DSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule incentivizes 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

This filing is a routine disclosure of a director's stock ownership changes, which is common in publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence as it demonstrates the director's commitment to the company's long-term success.

Key Dates

Keywords

Sitio Royalties Corp., Director, John R. Sult, Class A Common Stock, Deferred Share Units, DSUs, Long Term Incentive Plan, Beneficial Ownership, Vesting