EagleRock Land CEO granted 1.28M share units
EagleRock Land, LLC reported that Chief Executive Officer Gregory Phillip Pipkin Jr. received an equity grant of 1283244 Class A shares in the form of Restricted Share Units that vested immediately upon grant, with each RSU representing one Class A share.
Rhea-AI Filing Summary
EagleRock Land, LLC reported that Chief Executive Officer Gregory Phillip Pipkin Jr. received an equity grant of 1283244 Class A shares in the form of Restricted Share Units that vested immediately upon grant, with each RSU representing one Class A share. In a related transaction, 498469 Class A shares were withheld by the issuer at $22.3200 per share to satisfy the reporting person’s tax withholding obligations arising from the vesting and settlement of these RSUs. The transactions are reported as direct holdings and are not indicated as occurring under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A shares F1 | 1,283,244 | $0.00 | $0.00 |
| Tax Withholding | Class A shares F2 | 498,469 | $22.32 | $11.13M |
Footnotes (2)
- F1. Award of Restricted Share Units ("RSUs") pursuant to the EagleRock Land, LLC Long Term Incentive Plan that vested immediately upon grant. Each RSU represents the right to receive one of the Issuer's Class A shares.
- F2. Represents Class A shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting and settlement of RSUs.
Key Figures
Key Terms
Long Term Incentive Plan financial
tax withholding obligations financial
FAQ
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What insider equity award did EagleRock Land (EROK) report for its CEO?
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Were the EagleRock Land (EROK) CEO’s transactions under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.