Viper Energy (VNOM) director receives 3,612 restricted stock units as annual grant

Rhea-AI Filing Summary

Rubin James L. reported acquisition or exercise transactions in this Form 4 filing.

Viper Energy, Inc. director James L. Rubin received an equity compensation grant of 3,612 restricted stock units, each representing one share of Class A Common Stock. The award was granted at no cash cost to him under the company’s long term incentive plan.

After this grant, Rubin directly holds 16,119 shares or share-equivalents. The restricted stock units will vest on the earlier of the one-year anniversary of the grant date and the date of Viper Energy’s 2027 annual meeting of stockholders, tying the award to continued board service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rubin James L.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	3,612	$0.00	--

Holdings After Transaction: Class A Common Stock — 16,119 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 3,612 units Grant price: $0.00 per unit Holdings after grant: 16,119 shares

3 metrics

RSUs granted 3,612 units Annual non-employee director grant

Grant price $0.00 per unit Equity compensation, no cash paid

Holdings after grant 16,119 shares Direct Class A holdings following transaction

Key Terms

restricted stock units, long term incentive plan, annual non-employee director grant

3 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.

annual 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"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Rubin James L.

(Last) (First) (Middle)

500 WEST TEXAS AVENUE

SUITE 100

(Street)

MIDLAND TEXAS 79701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Viper Energy, Inc. [ VNOM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Common Stock	05/19/2026		A		3,612(1)	A	$0	16,119	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. 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.

Remarks:

Exhibit List: Exhibit 24.1 - Limited Power of Attorney

	/s/ William F. Krueger, as attorney-in-fact for James L. Rubin	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Viper Energy (VNOM) report for James L. Rubin?

Viper Energy reported that director James L. Rubin received 3,612 restricted stock units as an equity grant. These units represent future rights to Class A Common Stock and were issued as annual compensation under the company’s long term incentive plan, not as an open-market purchase.

How many Viper Energy (VNOM) shares does James L. Rubin hold after this Form 4?

Following the reported grant, James L. Rubin directly holds 16,119 shares or share-equivalents of Viper Energy Class A Common Stock. This total includes the newly awarded 3,612 restricted stock units, which will convert into shares when they vest under the grant’s terms.

Was cash paid for the James L. Rubin equity grant at Viper Energy (VNOM)?

No cash changed hands in this transaction. The 3,612 restricted stock units were granted at a reported price of $0.00 per unit as part of Rubin’s annual non-employee director compensation under Viper Energy’s long term incentive plan.

When do James L. Rubin’s new Viper Energy (VNOM) restricted stock units vest?

The 3,612 restricted stock units will vest on the earlier of one year from the grant date or the date of Viper Energy’s 2027 annual stockholders’ meeting. Vesting conditions encourage continued board service and alignment with long-term stockholder interests over that period.

What type of security was granted to James L. Rubin by Viper Energy (VNOM)?

The award consists of restricted stock units, each representing a contingent right to receive one share of Viper Energy Class A Common Stock. These units are part of the company’s long term incentive plan and become actual shares only after the vesting conditions are satisfied.