Viper Energy (NASDAQ: VNOM) director granted 3,612 restricted stock units in annual award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEST STEVEN E reported acquisition or exercise transactions in this Form 4 filing.
Viper Energy, Inc. director Steven E. West reported receiving an equity grant in the form of 3,612 restricted stock units of Class A Common Stock at no cash cost, as an annual non-employee director award under the company’s long term incentive plan.
The restricted stock units each represent a right to receive one share of Class A Common Stock and will vest on the earlier of the one-year anniversary of the grant date or the company’s 2027 annual stockholders’ meeting. After this grant, West directly holds 22,093 shares of Class A Common Stock. The filing also notes a transfer of 14,307 shares in a transaction exempt from reporting under Rule 16a-12.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEST STEVEN E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,612 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 22,093 shares (Direct, null)
Footnotes (1)
- These securities are restricted stock units, each representing a contingent right to receive one share of Class A Common Stock, par value $0.000001 per share, of the issuer. These restricted stock units were granted to the reporting person as an annual non-employee director grant under the issuer's long term incentive plan and will vest on the earlier of the one-year anniversary of the date of grant and the date of the 2027 annual meeting of stockholders of the issuer. Reflects the transfer of 14,307 shares of Class A Common Stock in a transfer exempt from reporting pursuant to Rule 16a-12.
Key Figures
RSUs granted: 3,612 units
Shares after transaction: 22,093 shares
Exempt share transfer: 14,307 shares
+1 more
4 metrics
RSUs granted
3,612 units
Annual non-employee director grant of restricted stock units
Shares after transaction
22,093 shares
Direct Class A Common Stock holdings following the grant
Exempt share transfer
14,307 shares
Transfer described as exempt from reporting under Rule 16a-12
Grant price per share
$0.0000 per share
Stated price for restricted stock unit award
Key Terms
restricted stock units, long term incentive plan, Rule 16a-12, non-employee director grant
4 terms
restricted stock units financial
"These securities are restricted stock units, each representing a contingent right to receive one share of Class A Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
long term incentive plan financial
"granted to the reporting person as an annual non-employee director grant under the issuer's long term incentive plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
Rule 16a-12 regulatory
"Reflects the transfer of 14,307 shares of Class A Common Stock in a transfer exempt from reporting pursuant to Rule 16a-12"
non-employee director grant financial
"were granted to the reporting person as an annual non-employee director grant under the issuer's long term incentive plan"
FAQ
What insider transaction did VNOM director Steven E. West report?
Steven E. West reported receiving 3,612 restricted stock units of Viper Energy Class A Common Stock as an annual non-employee director grant. The units were awarded at no cash cost and are part of the company’s long term incentive plan.
What are the vesting terms of Steven E. West’s VNOM restricted stock units?
The 3,612 restricted stock units granted to Steven E. West vest on the earlier of the one-year anniversary of the grant date or the date of Viper Energy’s 2027 annual stockholders’ meeting, aligning vesting with the company’s director service cycle.
Is Steven E. West’s VNOM equity grant an open-market purchase or compensation award?
The transaction is a compensation-related equity award, not an open-market purchase. Steven E. West received 3,612 restricted stock units as an annual non-employee director grant under Viper Energy’s long term incentive plan at a stated price of $0.0000 per share.