EagleRock Land (NYSE: EROK) awards 1.28M RSUs to its CFO
Rhea-AI Filing Summary
EagleRock Land, LLC reported that President and Chief Financial Officer Neal H. Shah received an award of 1,283,244 Restricted Share Units on July 24, 2026 under the Long Term Incentive Plan; the RSUs vested immediately and each represents one Class A share. To satisfy tax withholding obligations related to this vesting, the issuer withheld 498,470 Class A shares at $22.32 per share.
Positive
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 784,774 shares
Net Buy
2 txns
Insider
Shah Neal H
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A shares F1 | 1,283,244 | $0.00 | $0.00 |
| Tax Withholding | Class A shares F2 | 498,470 | $22.32 | $11.13M |
Holdings After Transaction:
Class A shares — 784,774 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: 1,283,244 units
Shares withheld for taxes: 498,470 shares
Tax withholding share value: $22.32 per share
3 metrics
RSUs granted
1,283,244 units
Restricted Share Units awarded to Neal H. Shah on July 24, 2026
Shares withheld for taxes
498,470 shares
Class A shares withheld to satisfy tax withholding obligations on RSU vesting
Tax withholding share value
$22.32 per share
Per-share value applied to 498,470 withheld Class A shares
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did EagleRock Land (EROK) report for Neal H. Shah?
EagleRock Land reported that President and CFO Neal H. Shah received an award of 1,283,244 Restricted Share Units (RSUs) on July 24, 2026. The RSUs vested immediately and each RSU represents the right to receive one Class A share of the company.
Did the RSUs granted to EagleRock Land (EROK)'s CFO vest immediately?
Yes. The filing states that the 1,283,244 RSUs awarded to Neal H. Shah vested immediately upon grant. Each RSU represents the right to receive one Class A share of EagleRock Land, LLC upon settlement under the Long Term Incentive Plan.
What plan governed the RSU award reported by EagleRock Land (EROK)?
The RSU award to Neal H. Shah was granted pursuant to the EagleRock Land, LLC Long Term Incentive Plan. Under this plan, each Restricted Share Unit represents the right to receive one of the issuer’s Class A shares when vested and settled.