LandBridge Co LLC (NYSE: LB) grants 13,572 RSUs to executive
Rhea-AI Filing Summary
Bolling Harrison Fenner reported acquisition or exercise transactions in this Form 4 filing.
LandBridge Co LLC reported that its Executive Vice President and General Counsel, Bolling Harrison Fenner, received an equity award of 13,572 Class A shares in the form of restricted stock units (RSUs).
The RSUs vest in five equal annual installments beginning on July 1, 2026, with each RSU settling into one Class A share. After this grant, Fenner directly holds 71,294 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,572 shares
Net Buy
1 txn
Insider
Bolling Harrison Fenner
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A shares F1 | 13,572 | $0.00 | $0.00 |
Holdings After Transaction:
Class A shares — 71,294 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Class A Share. The RSUs will vest as to 1/5 of the underlying shares on each of the first five (5) anniversaries of July 1, 2026.
Key Figures
RSUs granted: 13,572 shares
Award price: 0.0000 per share
Shares owned after award: 71,294 shares
+1 more
4 metrics
RSUs granted
13,572 shares
Class A share RSU award to Bolling Harrison Fenner on 2026-08-04
Award price
0.0000 per share
Grant, award, or other acquisition of RSUs
Shares owned after award
71,294 shares
Direct Class A share holdings following the RSU grant
Vesting schedule
1/5 per year over 5 years
RSUs vest on each of the first five anniversaries of July 1, 2026
Key Terms
restricted stock units, contingent right, Class A Share, vest
4 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one Class A Share."
vest financial
"The RSUs will vest as to 1/5 of the underlying shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award to Bolling Harrison Fenner was reported by LandBridge (LB)?
LandBridge reported that Bolling Harrison Fenner received an award of 13,572 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Class A share, forming part of his executive compensation rather than an open-market stock purchase.
What is the vesting schedule for Fenner’s 13,572 RSUs at LandBridge (LB)?
Fenner’s 13,572 RSUs vest in five equal annual installments. The RSUs will vest as to 1/5 of the underlying shares on each of the first five anniversaries of July 1, 2026, with each vested RSU delivering one Class A share.
Does the reported LB RSU grant to Fenner involve a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked as an adopted plan, so the award is not reported as made under a 10b5-1 trading plan. It is disclosed as a compensation-related RSU grant instead of a scheduled trading-plan transaction.