Form 4: Sitio Royalties Director Disposes Shares Post-Merger

Alice E. Gould, a director of Sitio Royalties Corp., disposed of 53,529 shares of Class A Common Stock following the consummation of the merger with Viper Energy, Inc.

Summary

• Alice E. Gould, a director of Sitio Royalties Corp., reported the disposition of 53,529 shares of Sitio Class A Common Stock.
• This transaction occurred on August 19, 2025, and resulted in 0 shares beneficially owned by the reporting person directly.
• The disposition was a direct consequence of the consummation of the Agreement and Plan of Merger, dated June 2, 2025, between Viper Energy, Inc. and Sitio Royalties Corp.
• Under the merger terms, Sitio Royalties Corp. was acquired by New Viper Pubco, Inc. in an all-equity transaction.
• Deferred restricted stock units held by the reporting person vested fully and were converted into New Viper Class A common stock at an exchange ratio of 0.4855 shares of New Viper for each Sitio Class A Common Stock share.

Sentiment

Score: 5

Explanation: The filing is a factual report of a transaction resulting from a merger. It is neutral in sentiment regarding the company's performance, as it simply reports a change in beneficial ownership due to a corporate action.

Future Outlook

NA

Industry Context

This transaction reflects the ongoing consolidation trend within the energy sector, particularly among royalty and mineral interest companies, as larger entities seek to expand their asset bases and achieve economies of scale through strategic acquisitions.

Stakeholder Impact

• Shareholders of Sitio Royalties Corp. had their shares converted into New Viper shares as part of the all-equity merger, impacting their ownership structure and future investment vehicle.

Key Dates

Keywords

Sitio Royalties Corp., STR, Viper Energy Inc., Merger, SEC Form 4, Insider Transaction, Director Share Disposition, Equity Transaction, Corporate Acquisition, Stock Exchange