Viper Energy director granted 3,612 RSUs
Armour Spencer D III reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Armour Spencer D III reported acquisition or exercise transactions in this Form 4 filing.
Viper Energy, Inc. director Armour Spencer D III received an equity award of 3,612 restricted stock units, each representing one share of Class A Common Stock. These RSUs were granted as an annual non-employee director grant under the company’s long term incentive plan.
The RSUs will vest on the earlier of the one-year anniversary of the grant date and the date of Viper Energy’s 2027 annual stockholders’ meeting. Following this award, Armour Spencer D III directly holds 50,327 shares of Class A Common Stock, reflecting his updated ownership position.
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 (1)
- 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.
Key Figures
Key Terms
restricted stock units financial
long term incentive plan financial
annual non-employee director grant financial
vest financial
FAQ
What did Viper Energy (VNOM) disclose in this Form 4 filing?
When do the new VNOM restricted stock units vest for Armour Spencer D III?
Was the VNOM director’s grant an open-market stock purchase or compensation award?
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