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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A shares | 2,201 | $0.00 | -- |
| holding | Class A shares | -- | -- | -- |
Footnotes (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. 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. 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.
