[Form 4] LandBridge Company LLC Insider Trading Activity

Rhea-AI Filing Summary

Daul Ty P., a director of LandBridge Company LLC (LB), received a grant of 3,895 restricted stock units (RSUs) on 08/27/2025 under the company's Long-Term Incentive Plan. The RSUs were granted with a $0 price and vest on July 1, 2026, generally conditioned on continued service on the board through that date. Following the grant, the reporting person beneficially owns 20,048 Class A shares. The Form 4 was signed on 08/28/2025 by an attorney-in-fact, Scott L. McNeely.

Positive

• Grant aligns director incentives via time‑based RSUs that vest contingent on continued service
• Clear disclosure of transaction date, grant amount (3,895 RSUs), vesting date (07/01/2026), and post‑grant beneficial ownership (20,048 shares)

Negative

• No performance‑based vesting disclosed; vesting appears solely service‑based
• Price $0 indicates compensation expense rather than personal investment by the director

Insights

Corporate Governance Expert

TL;DR: Director received time‑based RSUs that align compensation with continued board service.

The filing documents a routine, time‑based equity grant of 3,895 RSUs to a director under the Long‑Term Incentive Plan, vesting July 1, 2026, subject to continued board service. Such grants are commonly used to align director incentives with shareholder interests and retain independent directors. The $0 price indicates these are compensation awards rather than open‑market purchases. The post‑grant beneficial ownership of 20,048 Class A shares provides the director with ongoing equity exposure, but the information contains no performance conditions or accelerated vesting terms.

Securities Compliance Analyst

TL;DR: Transaction appears compliant with Section 16 reporting; disclosure is specific and routine.

The Form 4 discloses the transaction date (08/27/2025), grant amount (3,895 RSUs), and vesting date (07/01/2026), fulfilling standard Section 16 reporting elements. The signature by an attorney‑in‑fact is provided with a filing date of 08/28/2025. There are no derivative transactions reported and no indication of Rule 10b5‑1 or other trading plans. From a compliance perspective, the filing contains the expected factual elements without apparent omissions.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Daul Ty P.

(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	20,048	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 did the LandBridge (LB) Form 4 filed by Daul Ty P. report?

The Form 4 reports a grant of 3,895 restricted stock units (RSUs) on 08/27/2025 that vest on 07/01/2026, and shows 20,048 Class A shares beneficially owned after the transaction.

When do the RSUs granted to the director vest?

The RSUs are scheduled to vest on July 1, 2026, generally subject to the director's continued service on the board through that date.

What price was reported for the RSU grant on the Form 4?

The transaction lists a $0 price, indicating these RSUs were granted as compensation under the Long‑Term Incentive Plan.

How many Class A shares does the reporting person own after the grant?

The filing reports 20,048 Class A shares beneficially owned following the reported transaction.

Who signed the Form 4 and when was it dated?

The Form 4 bears the signature of Scott L. McNeely, Attorney‑In‑Fact, dated 08/28/2025.