[S-8 POS] Sitio Royalties Corp. SEC Filing
Rhea-AI Filing Summary
Sitio Royalties Corp. filed a Form S-8 post-effective amendment registering 12,207,323 shares of Class A common stock for employee and related plans. The registered shares consist of 8,384,038 shares for the Sitio Royalties Corp. Long Term Incentive Plan, 309,527 shares issuable upon conversion of certain common units in Sitio Royalties Operating Partnership, LP (together with related Class C shares acquired under an assignment and allocation agreement), and 3,513,758 shares for issuance under the Brigham Minerals, Inc. 2019 Long Term Incentive Plan. The filing identifies Teresa L. Dick as Executive Vice President, Chief Financial Officer and Assistant Secretary signing for the Company.
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Insights
TL;DR: Routine S-8 registration adds 12.2M Class A shares to support equity compensation and conversion of partnership units.
The filing documents a post-effective S-8 registration of 12,207,323 Class A shares allocated across the company's own long-term incentive plan and shares tied to conversions and a legacy Brigham Minerals plan. This is a procedural SEC filing to permit issuance under specified plans rather than an operational or financing event. The disclosure lists exact share counts by source, which clarifies the supply of shares reserved for compensation and unit conversion.
TL;DR: Governance update: registration formalizes share availability for incentive awards and unit conversion mechanics.
The document confirms that Sitio Royalties has registered specified quantities of Class A common stock for grant and conversion purposes under defined plans, including the Sitio Long Term Incentive Plan and the Brigham Minerals 2019 plan, and identifies the company officer executing the filing. This is a standard governance step to enable equity-based compensation and fulfill conversion rights previously documented.