LandBridge director shares withheld for RSU taxes
LandBridge Co LLC director and officer Jason Thomas Long reported a tax-related share disposition linked to vested equity awards.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A shares | 33,425 | $72.30 | $2.42M |
Footnotes (1)
- F1. In connection with the vesting and settlement of restricted share units ("RSUs") through the issuance of Class A shares of LandBridge Company LLC (the "Issuer") pursuant to the LandBridge Company LLC Long-Term Incentive Plan, the Issuer withheld Class A shares that would otherwise have been issued to the Reporting Person to satisfy their tax withholding obligations.
Key Figures
Key Terms
tax withholding obligations financial
Long-Term Incentive Plan financial
FAQ
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What insider transaction did LandBridge (LB) report for Jason Thomas Long?
What caused the tax-withholding disposition reported for LandBridge (LB)?
Which LandBridge (LB) equity plan is involved in Jason Thomas Long’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.