LB Form 4/A: RSU grant of 2,201 shares to director; amended to correct counts
Rhea-AI Filing Summary
LandBridge Co LLC reporting officer received restricted stock units. The reporting person, a director, was granted 2,201 Class A shares in the form of restricted stock units that vest on July 1, 2026 and are generally subject to continued board service through vesting. After the grant the reporting person beneficially owned 12,479 Class A shares.
The Form 4 amendment corrects an administrative error in the originally reported number of shares acquired and beneficially owned; no other transaction types or derivative instruments are reported.
Positive
- 2,201 restricted stock units granted under the Long-Term Incentive Plan, aligning director incentives with long-term performance
- Clarification via amended filing corrects the previously misstated share counts, improving disclosure accuracy
Negative
- None.
Insights
TL;DR: Routine equity-based compensation to a director; administrative correction clarified ownership.
The grant of 2,201 restricted stock units increases the director's stake to 12,479 Class A shares and represents standard long-term incentive compensation. Vesting is time-based, tied to continued board service through July 1, 2026. The amendment solely corrects previously misstated share counts and does not disclose additional cash transactions, option exercises, or dispositions. For investors, this filing is informational and not a material capital event.
TL;DR: Governance action: typical RSU grant to align director incentives; amendment fixes reporting accuracy.
The award follows the company's Long-Term Incentive Plan and vests based on continued service, which is a common governance practice to align director incentives with long-term performance. The amended filing improves transparency by correcting the number of shares reported. No departures, derivative grants, or changes in control are disclosed.