LandBridge (LB) executive has 9,758 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LandBridge Co LLC executive Jason Frederick Williams reported a routine tax-related share disposition tied to equity compensation. In connection with the vesting and settlement of restricted share units under LandBridge’s Long-Term Incentive Plan, the company withheld 9,758 Class A shares that otherwise would have been issued to him to cover tax withholding obligations. This was recorded as a Form 4 code F transaction, which is a payment of tax liability by delivering securities rather than an open-market sale. After this withholding event, Williams directly holds 54,875 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Jason Frederick
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A shares | 9,758 | $72.30 | $706K |
Holdings After Transaction:
Class A shares — 54,875 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 9,758 shares
Implied tax withholding price: $72.30 per share
Shares held after transaction: 54,875 shares
3 metrics
Shares withheld for taxes
9,758 shares
Class A shares withheld for RSU tax obligations
Implied tax withholding price
$72.30 per share
Value used for 9,758-share tax-withholding disposition
Shares held after transaction
54,875 shares
Direct Class A holdings after tax-withholding event
Key Terms
restricted share units ("RSUs"), Long-Term Incentive Plan, tax withholding obligations, Form 4
4 terms
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.
tax withholding obligations financial
"...shares that would otherwise have been issued to the Reporting Person to satisfy their tax withholding obligations."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Jason Frederick Williams report in this LandBridge (LB) Form 4?
Jason Frederick Williams reported a tax-related disposition of 9,758 Class A shares. The shares were withheld by LandBridge to cover tax obligations on vested RSUs, rather than sold in the open market, and are part of routine equity compensation mechanics.
What triggered the tax withholding in the LandBridge (LB) Form 4 filing?
The tax withholding was triggered by the vesting and settlement of restricted share units. When RSUs converted into Class A shares under the LandBridge Long-Term Incentive Plan, the issuer withheld 9,758 shares that otherwise would have been issued to Jason Frederick Williams to meet tax obligations.
What does Form 4 transaction code F mean for LandBridge (LB) insiders?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For LandBridge, it means the company withheld 9,758 Class A shares from Jason Frederick Williams at RSU settlement to cover taxes, rather than him selling shares in the open market.