Form 4: Viper Energy President Austen Gilfillian Reports Stock Transactions
SEC Form 4 Filing
Austen Gilfillian, President of Viper Energy, reports acquisition and disposal of Class A Common Stock related to vesting of restricted stock units and tax withholding obligations.
Summary
- On March 1, 2025, Austen Gilfillian, President of Viper Energy, reported transactions involving Class A Common Stock.
- Gilfillian acquired 10,829 shares of Class A Common Stock at $0 related to restricted stock units vesting.
- The issuer withheld 829, 2,645, and 1,421 shares of Class A Common Stock at $46.57 to cover tax obligations related to vesting of restricted stock units.
- Following these transactions, Gilfillian beneficially owns 45,213 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of grant of time-based restricted stock units related to tax withholding. |
| 12/20/2024 | Date of grant of time-based restricted stock units related to tax withholding. |
| 02/28/2025 | Closing price used to determine tax withholding. |
| 03/01/2025 | Date of transaction: acquisition of stock and withholding for taxes. |
| 03/01/2025 | Vesting date of restricted stock units. |
| 03/04/2025 | Date of Form 4 filing. |
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