EagleRock Land (EROK) CEO receives 1.28M RSUs, 498K shares withheld for taxes
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
Analyzing...
Insider Trade Summary
Net Buyer: 784,775 shares
Net Buy
2 txns
Insider
Pipkin Gregory Phillip Jr.
Role
Chief Executive Officer
| 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 |
Holdings After Transaction:
Class A shares — 784,775 shares (Direct)
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
RSUs granted: 1283244 Class A shares
Shares withheld for taxes: 498469 Class A shares
Tax withholding reference price: $22.3200 per share
+1 more
4 metrics
RSUs granted
1283244 Class A shares
Award of RSUs to CEO that vested immediately on 2026-07-24
Shares withheld for taxes
498469 Class A shares
Class A shares withheld to satisfy CEO tax withholding on RSU vesting
Tax withholding reference price
$22.3200 per share
Per-share value used for the 498469 withheld Class A shares
F-code tax-liability shares
498469 shares
Shares in the F-type transaction tied to tax liability
Key Terms
Restricted Share Units ("RSUs"), Long Term Incentive Plan, tax withholding obligations
3 terms
Long Term Incentive Plan financial
"pursuant to the EagleRock Land, LLC Long Term Incentive Plan that vested"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
tax withholding obligations financial
"shares withheld by the Issuer to satisfy tax withholding obligations of"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did EagleRock Land (EROK) report for its CEO?
EagleRock Land reported that CEO Gregory Phillip Pipkin Jr. received an award of 1283244 Class A shares as Restricted Share Units that vested immediately. Each RSU entitles him to one Class A share upon settlement under the company’s Long Term Incentive Plan.
What type of equity instrument was granted to the EagleRock Land (EROK) CEO?
The CEO received Restricted Share Units (RSUs), with 1283244 units granted that vested immediately upon grant. Each RSU corresponds to one Class A share of EagleRock Land, issued under the company’s Long Term Incentive Plan as part of his compensation.
Were the EagleRock Land (EROK) CEO’s transactions under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox as not affirmed, meaning the reported grant and tax-withholding transactions are not stated to be under a pre-arranged trading plan, based on the form’s affirmative 10b5-1 disclosure section.