Viper Energy director receives 3,612 RSUs
WEST STEVEN E reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,612 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units financial
long term incentive plan financial
Rule 16a-12 regulatory
non-employee director grant financial
FAQ
What insider transaction did VNOM director Steven E. West report?
What are the vesting terms of Steven E. West’s VNOM restricted stock units?
Is Steven E. West’s VNOM equity grant an open-market purchase or compensation award?
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