Form 4: Sitio Royalties Corp. Executive Brett S. Riesenfeld Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President, General Counsel and Secretary of Sitio Royalties Corp., Brett S. Riesenfeld, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On March 1, 2024, Brett S. Riesenfeld, an executive at Sitio Royalties Corp., disposed of 3,962 shares of Class A Common Stock.
- The shares were withheld by the company to cover tax obligations related to the vesting of restricted stock units.
- The transaction occurred at a price of $23.15 per share.
- Following the transaction, Riesenfeld directly owns 91,101 shares of Sitio Royalties Corp.
- The report was filed on March 5, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports a routine stock transaction related to tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares). |
| 03/05/2024 | Date of Form 4 filing. |
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