LandBridge (LB) director has 33,425 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LandBridge Co LLC director and officer Jason Thomas Long reported a tax-related share disposition linked to vested equity awards. On this Form 4, 33,425 Class A shares were withheld by the company at $72.30 per share to cover tax obligations arising from the vesting and settlement of restricted share units under the LandBridge Long-Term Incentive Plan. After this withholding, Long directly holds 190,121 Class A shares. This event reflects routine equity compensation and tax settlement rather than an open-market stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Long Jason Thomas
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A shares | 33,425 | $72.30 | $2.42M |
Holdings After Transaction:
Class A shares — 190,121 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 33,425 shares
Withholding price: $72.30 per share
Post-transaction holdings: 190,121 shares
+1 more
4 metrics
Tax-withheld shares
33,425 shares
Class A shares withheld for tax obligations on RSU vesting
Withholding price
$72.30 per share
Value used for Class A shares withheld for taxes
Post-transaction holdings
190,121 shares
Class A shares directly held by Jason Thomas Long after transaction
Tax-withholding transactions
1 transaction, 33,425 shares
Summary of F-code tax-withholding disposition in this Form 4
Key Terms
restricted share units ("RSUs"), tax withholding obligations, Long-Term Incentive Plan, Class A shares
4 terms
tax withholding obligations financial
"the Issuer withheld Class A shares... to satisfy their tax withholding obligations."
Long-Term Incentive Plan financial
"pursuant to the LandBridge Company LLC Long-Term Incentive Plan, the Issuer withheld Class A shares..."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
FAQ
What insider transaction did LandBridge (LB) report for Jason Thomas Long?
LandBridge reported that Jason Thomas Long had 33,425 Class A shares withheld to cover taxes on vested restricted share units. This was a tax-withholding disposition under the company’s long-term incentive plan, not an open-market purchase or sale of stock.
What caused the tax-withholding disposition reported for LandBridge (LB)?
The disposition resulted from the vesting and settlement of restricted share units granted to Jason Thomas Long. When these RSUs vested, LandBridge issued Class A shares and then withheld 33,425 shares to satisfy his tax withholding obligations associated with that equity compensation.
Which LandBridge (LB) equity plan is involved in Jason Thomas Long’s Form 4 filing?
The transaction is tied to the LandBridge Company LLC Long-Term Incentive Plan. Restricted share units granted under this plan vested and settled into Class A shares, and 33,425 of those shares were withheld by the issuer to cover Jason Thomas Long’s tax withholding obligations.