LB Amend Form 4: 2,201 RSUs Granted; 117,600 Class A Shares Disclosed

Rhea-AI Filing Summary

LandBridge Company LLC director Charles L. Watson amended a Form 4 to correct an administrative error and to report the grant of 2,201 restricted stock units on 08/27/2025 under the company’s Long-Term Incentive Plan. Those RSUs vest on July 1, 2026, subject to continued board service. The amendment clarifies prior reporting and shows Mr. Watson also has indirect beneficial ownership of 117,600 Class A shares through Wincrest Ventures, LP, of which he exercises voting and investment control. The filing was signed by an attorney-in-fact on 09/22/2025.

Positive

• RSU grant disclosed: 2,201 restricted stock units awarded under the Long-Term Incentive Plan, vesting July 1, 2026
• Corrective amendment filed: Form 4/A corrects an administrative error from the original filing
• Clear indirect ownership disclosure: 117,600 Class A shares held by Wincrest Ventures with voting and investment control explained

Negative

• None.

Insights

Financial Analyst

TL;DR: An administrative correction plus a modest equity grant to a director; indirect holdings disclosed.

The amended Form 4 corrects the previously reported number of shares and discloses a grant of 2,201 restricted stock units that vest on July 1, 2026, subject to service. For investors this is a routine equity-based compensation disclosure rather than a market-moving event. The filing also clarifies indirect beneficial ownership of 117,600 Class A shares held by Wincrest Ventures, indicating potential voting influence by the reporting person but not additional direct acquisition.

Corporate Governance Expert

TL;DR: Governance disclosure corrected; indirect ownership and potential control are properly explained.

The Form 4/A rectifies an administrative error in prior reporting and appropriately details the structure through which Charles Watson may exercise voting and investment control over 117,600 Class A shares via Wincrest Ventures and related entities. The RSU grant and the disclaimer of beneficial ownership beyond pecuniary interest follow typical disclosure practices for directors and affiliated entities.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

WATSON CHARLES L.

(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
Class A shares								117,600	I	See Footnote(3)

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.

3. Includes 117,600 Class A shares representing limited liability company interests (the "Class A shares") in LandBridge Company LLC that are directly held by Wincrest Ventures, LP ("Wincrest Ventures"). The reporting person is the chief executive officer of Wincrest Ventures, and the reporting person and his wife jointly own 100% of the ownership interests in Wincrest Investments Inc., the sole general partner of Wincrest Ventures. As a result of the foregoing, the reporting person may exercise voting and investment control over the Class A shares held by Wincrest Ventures and may be deemed to be the beneficial owner thereof. The reporting person disclaims beneficial ownership of Class A shares in excess of his pecuniary interest therein, if any.

	/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 did Charles L. Watson report on the Form 4/A for LandBridge (LB)?

He reported the grant of 2,201 restricted stock units on 08/27/2025 and disclosed indirect beneficial ownership of 117,600 Class A shares via Wincrest Ventures.

When do the restricted stock units reported in the Form 4/A vest?

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

Why was an amended Form 4 filed for LandBridge (LB)?

The Form 4/A was filed to correct an administrative error in the original Form 4 concerning the number of shares acquired and beneficially owned.

How does Charles Watson hold the 117,600 Class A shares?

Those shares are directly held by Wincrest Ventures, LP; Watson is CEO of Wincrest Ventures and, through related entities, may exercise voting and investment control.

Who signed the Form 4/A on behalf of the reporting person?

The Form 4/A is signed by Scott L. McNeely, Attorney-In-Fact with a signature date of 09/22/2025.