Form 4: Sitio Royalties Corp. Director Richard K. Stoneburner Reports Acquisition of Deferred Share Units

Director Richard K. Stoneburner reports the acquisition of 16,216 deferred share units (DSUs) of Sitio Royalties Corp.

Summary

• Richard K. Stoneburner, a director of Sitio Royalties Corp., filed a Form 4 to report changes in beneficial ownership.
• On May 13, 2025, Stoneburner acquired 16,216 deferred share units (DSUs) under the company's Long Term Incentive Plan.
• These DSUs represent a contingent right to receive one share of Sitio Royalties Corp.'s Class A common stock per unit.
• The DSUs will vest in four equal quarterly installments over a one-year period, contingent upon Stoneburner's continuous service.
• Following vesting, the underlying shares will be delivered after the termination of Stoneburner's service relationship with the issuer.
• After the reported transaction, Stoneburner beneficially owns 40,606 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It is neutral to slightly positive as it reflects alignment of director interests with shareholders.

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 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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• Shareholders may view the DSU grant as a positive incentive for the director to focus on long-term value creation.
• The vesting schedule encourages continued service from the director.

Next Steps

• The DSUs will vest quarterly over the next year, contingent on continued service.
• Shares of Common Stock underlying the DSUs will be delivered to the reporting person following termination of service.

Key Dates

Keywords

Sitio Royalties Corp, Director, Form 4, Beneficial Ownership, Deferred Share Units, DSUs, Richard K. Stoneburner, Long Term Incentive Plan, Class A Common Stock, Vesting