Form 4: VNOM CFO's Stock Converted Post-Merger

Teresa L. Dick's Class A Common Stock in VNOM Sub, Inc. was converted into New Viper Class A common stock following the Sitio Merger Agreement.

Summary

• Reporting Person Teresa L. Dick, CFO, Executive Vice President, and Assistant Secretary of VNOM Sub, Inc., reported a change in beneficial ownership.
• On August 19, 2025, 11,540 shares of Class A Common Stock in VNOM Sub, Inc. were disposed of.
• This disposal was a conversion, not a sale, pursuant to the Agreement and Plan of Merger (the "Sitio Merger Agreement") dated June 2, 2025.
• As part of the merger, each share of VNOM Sub, Inc.'s (f/k/a Viper Energy, Inc.) Class A Common Stock will be cancelled and automatically converted into one share of New Viper's Class A common stock at the effective time of the Viper Pubco Merger.
• Following this transaction, Teresa L. Dick will beneficially own 0 shares of VNOM Sub, Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine Form 4 filing reporting a stock conversion due to a merger, which is a procedural event and does not inherently convey positive or negative sentiment about the company's performance or outlook.

Future Outlook

The filing details the automatic conversion of VNOM Sub, Inc. Class A Common Stock into New Viper Class A common stock at the effective time of the Viper Pubco Merger, which is a future event following the Sitio Merger Agreement.

Industry Context

This filing reflects a common procedural step following a corporate merger in the energy or royalty sector, where shares of the acquired entity are converted into shares of the new or acquiring entity. The merger between Viper Energy (now VNOM Sub, Inc.) and Sitio Royalties Corp. indicates consolidation within the oil and gas royalty and mineral acquisition space.

Stakeholder Impact

• Shareholders of VNOM Sub, Inc. (f/k/a Viper Energy, Inc.) will have their shares converted into shares of New Viper, impacting their ownership structure in the combined entity.

Next Steps

• The effective time of the Viper Pubco Merger, where shares of Viper's Class A Common Stock will be cancelled and converted into New Viper's Class A common stock.

Key Dates

Keywords

SEC Form 4, Beneficial Ownership, Insider Transaction, Merger, Stock Conversion, VNOM Sub Inc, Viper Energy, Sitio Royalties Corp, Teresa L. Dick, Corporate Action