LandBridge executive has shares withheld for RSU taxes
LandBridge Co LLC executive Jason Frederick Williams reported a routine tax-related share disposition tied to equity compensation.
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
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A shares | 9,758 | $72.30 | $706K |
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
Long-Term Incentive Plan financial
tax withholding obligations financial
Form 4 regulatory
FAQ
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What did Jason Frederick Williams report in this LandBridge (LB) Form 4?
What triggered the tax withholding in the LandBridge (LB) Form 4 filing?
What does Form 4 transaction code F mean for LandBridge (LB) insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.