[Form 4] LandBridge Company LLC Insider Trading Activity

Rhea-AI Filing Summary

LandBridge Company LLC director Nicolas Andrea Liria received a grant of 3,895 restricted stock units (RSUs) under the company's Long-Term Incentive Plan on 08/27/2025. The RSUs vest on July 1, 2026 and are generally conditioned on continued service on the board through the vesting date. The Form 4 reports 11,248 Class A shares beneficially owned by Mr. Liria following the reported grant. The filing was signed by an attorney-in-fact on 08/28/2025. No derivative transactions or cash consideration are reported for this grant.

Insights

Financial Analyst

TL;DR: Routine director equity grant recorded; increases reported beneficial ownership to 11,248 Class A shares.

The Form 4 documents a non-cash equity award of 3,895 restricted stock units to a director, vesting July 1, 2026, subject to continued board service. This is a standard long-term incentive award designed to align director interests with equity performance. The transaction increases reported beneficial ownership to 11,248 Class A shares and contains no exercise price or derivative conversion terms. From a reporting perspective, the disclosure is complete for the transaction shown.

Corporate Governance Expert

TL;DR: Standard governance practice: board member granted RSUs with time-based vesting tied to continued service.

The filing shows a time-based restricted stock unit grant issued pursuant to the company's Long-Term Incentive Plan, vesting on a specified future date and conditioned on continued service. The disclosure names the reporting person as a director and specifies the grant amount and vesting date. There are no additional conditions or derivative instruments disclosed. This appears to be a routine, governance-aligned compensation action rather than a material corporate event.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nicolas Andrea Liria

(Last) (First) (Middle)

5555 SAN FELIPE STREET, SUITE 1200

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LandBridge Co LLC [ LB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A shares	08/27/2025		A		3,895(1)	A	$0	11,248	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the grant of restricted stock units pursuant to the LandBridge Company LLC Long-Term Incentive Plan which vest on July 1, 2026, generally subject to continued service on the board of directors through such vesting date.

	/s/ Scott L. McNeely, Attorney-In-Fact	08/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Nicolas Andrea Liria report on the Form 4 for LandBridge (LB)?

The Form 4 reports a grant of 3,895 restricted stock units (RSUs) to Nicolas Andrea Liria on 08/27/2025.

When do the restricted stock units (RSUs) granted to the director vest?

The RSUs vest on July 1, 2026, and vesting is generally conditioned on continued service on the board through that date.

How many Class A shares does Nicolas Andrea Liria beneficially own after the reported transaction?

The filing reports that Mr. Liria beneficially owns 11,248 Class A shares following the reported grant.

Was any purchase price or cash consideration reported for the RSU grant?

No cash consideration or purchase price is reported; the transaction is recorded with a $0 price in the Form 4.

Who signed the Form 4 filing for Nicolas Andrea Liria and when was it signed?

The Form 4 was signed by /s/ Scott L. McNeely, Attorney-In-Fact on 08/28/2025.