[Form 4/A] LandBridge Co LLC Amended Insider Trading Activity

Rhea-AI Filing Summary

LandBridge Co LLC reporting person Nicolas Andrea Liria received a grant of restricted stock units (RSUs) under the company's Long-Term Incentive Plan. The Form 4/A amends an earlier filing to correct the number of Class A shares reported: the transaction on 08/27/2025 shows an acquisition of 2,201 RSUs at no cash price, which vest on July 1, 2026 subject to continued board service. After the reported transaction, the reporting person beneficially owns 9,554 Class A shares. The amendment clarifies an administrative error in the original Form 4 filed 08/28/2025 and does not disclose any derivative transactions.

Positive

• Grant formalized under Long-Term Incentive Plan, aligning director compensation with shareholder interests
• Amendment corrects reporting, demonstrating compliance and attention to accurate SEC disclosure

Negative

• No material negative developments disclosed; the filing is administrative in nature

Insights

Corporate Governance Expert

TL;DR: Administrative correction to an insider grant; vesting tied to continued board service.

The amended Form 4 corrects the previously reported share counts and documents a grant of 2,201 restricted stock units that vest on July 1, 2026, contingent on continued service. This is a routine equity-based compensation event for a director and the amendment appears to be an administrative fix rather than a substantive change to governance or ownership structure. No derivative positions or exercised options are reported, and the filing shows direct beneficial ownership of 9,554 Class A shares after the grant.

Securities Analyst

TL;DR: Small, non-cash equity grant; immaterial to overall capitalization unless company is very small.

The transaction is a standard, non-cash issuance of RSUs under an incentive plan. The grant size (2,201 RSUs) and the clarified post-transaction ownership (9,554 shares) should be weighed against total outstanding shares to assess materiality, which is not provided here. The correction via Form 4/A indicates attention to SEC reporting accuracy but does not, by itself, imply material financial impact.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nicolas Andrea Liria

(Last) (First) (Middle)

5555 SAN FELIPE STREET, SUITE 1200

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LandBridge Co LLC [ LB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/28/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A shares	08/27/2025		A		2,201(1)(2)	A	$0	9,554(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the grant of restricted stock units pursuant to the LandBridge Company LLC Long-Term Incentive Plan which vest on July 1, 2026, generally subject to continued service on the board of directors through such vesting date.

2. The original Form 4, filed on August 28, 2025, is being amended by this Form 4/A solely to correct an administrative error. The original Form 4 inadvertently included the incorrect number of shares acquired and beneficially owned by the Reporting Person.

	/s/ Scott L. McNeely, Attorney-In-Fact	09/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What change did the Form 4/A for LandBridge (LB) report?

The Form 4/A corrects an earlier Form 4 to report the grant of 2,201 restricted stock units and the corrected beneficial ownership of 9,554 Class A shares.

When do the restricted stock units vest for Nicolas Andrea Liria?

The RSUs vest on July 1, 2026, generally subject to continued service on the board through the vesting date.

Was any cash paid for the shares reported on the Form 4/A?

No cash price is reported; the transaction shows acquisition at a price of $0, consistent with an equity grant.

Does the filing report any derivative transactions or exercises?

No. Table II lists no derivative securities; only a non-derivative RSU grant is reported in Table I.

Why was the Form 4 amended?

The amendment corrects an administrative error in the original Form 4 filed on 08/28/2025 that included incorrect share counts.