Form 4: Sitio Royalties Corp. Director Receives Deferred Share Units

Director Morris R. Clark receives 16,216 deferred share units (DSUs) of Sitio Royalties Corp. Class A common stock.

Summary

• Morris R. Clark, a director of Sitio Royalties Corp., received 16,216 deferred share units (DSUs) on May 13, 2025.
• 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 one year, contingent upon continuous service.
• Following vesting, the underlying shares will be delivered after the termination of the director's service relationship.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices, aligning director interests with shareholder value.

Positives

• The grant of DSUs aligns the director's interests with the long-term performance of Sitio Royalties Corp.

Future Outlook

The DSUs will vest in four equal quarterly installments over the one-year period following May 13, 2025, subject to the reporting person's continuous service.

Industry Context

This type of equity compensation is common for directors and executives in publicly traded companies to incentivize performance and align interests with shareholders.

Stakeholder Impact

• Shareholders may view this as a positive incentive for the director to contribute to the company's success.
• The director is incentivized to increase shareholder value through their service.

Next Steps

• The director will need to continue their service for the DSUs to vest over the next year.
• The company will deliver shares of common stock after the director's service terminates.

Key Dates

Keywords

Sitio Royalties Corp., Director, Deferred Share Units, DSUs, Class A Common Stock, Long Term Incentive Plan, Vesting