VNOM Form 4: CEO Disposes 35,362 Class A Shares
Matthew Kaes Van't Hof, a director and the Chief Executive Officer of VNOM Sub, Inc. (formerly Viper Energy, Inc.), reported a disposition of 35,362 shares of Class A Common Stock on 08/19/2025.
Rhea-AI Filing Summary
Matthew Kaes Van't Hof, a director and the Chief Executive Officer of VNOM Sub, Inc. (formerly Viper Energy, Inc.), reported a disposition of 35,362 shares of Class A Common Stock on 08/19/2025. The Form 4 shows the reporting person beneficially owned 0 shares following the reported disposition. The filing includes an explanation that, under a merger agreement dated June 2, 2025, Viper's outstanding Class A shares will be cancelled and converted into one share of New Viper's Class A common stock at the effective time of the described merger.
Positive
- None.
Negative
- Reporting person disposed of all reported Class A holdings (35,362 shares), resulting in 0 shares beneficially owned after the transaction
- Form 4 provides no disclosure of New Viper share holdings or economic consideration following the merger-related conversion
Insights
TL;DR: Insider CEO/director disposed of 35,362 Class A shares and reports zero post-transaction beneficial ownership.
The Form 4 documents an outright disposition of 35,362 shares on 08/19/2025 by Matthew Kaes Van't Hof, who is identified as both a director and the CEO. The filing records 0 shares beneficially owned after the transaction, indicating the reported holdings in this class were fully disposed. The explanatory note ties the transaction to a merger agreement that cancels and converts Viper's Class A shares into New Viper Class A shares, providing the corporate context for the change in holdings. For investors, this is a factual disclosure of insider share disposition and the corporate action; the form does not state consideration received or whether replacement New Viper shares are held.
TL;DR: Form 4 shows an insider disposal concurrent with a merger-related conversion of shares, with reported post-transaction ownership at zero.
The filing clearly identifies the reporting person as a director and CEO and discloses a 35,362-share disposition in Class A Common Stock on 08/19/2025. The attached explanation references the Sitio Merger Agreement and the Viper Pubco Merger structure whereby outstanding Class A shares are cancelled and converted into New Viper Class A shares. The Form 4 limits itself to the reported disposition and resulting zero beneficial ownership; it does not disclose subsequent ownership of New Viper shares or the economic terms of the conversion within this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 35,362 | $0.00 | $0.00 |
Footnotes (1)
- F1. Pursuant to the Agreement and Plan of Merger (the "Sitio Merger Agreement"), dated June 2, 2025, by and among VNOM Sub, Inc. (f/k/a Viper Energy, Inc.) ("Viper"), Sitio Royalties Corp., Sitio Royalties Operating Partnership, LP, a subsidiary of Sitio, Viper Energy, Inc. (f/k/a New Cobra Pubco Inc.), a wholly owned subsidiary of Viper ("New Viper"), Cobra Merger Sub, Inc., a wholly owned subsidiary of New Viper ("Viper Merger Sub") and Scorpion Merger Sub, Inc., a wholly owned subsidiary of New Viper, upon close of the Sitio Merger Agreement Viper Merger Sub will merge with and into Viper, with Viper continuing as the surviving corporation and a wholly owned subsidiary of New Viper (the "Viper Pubco Merger"). At the effective time of the Viper Pubco Merger, each share of Viper's Class A Common Stock then issued and outstanding will be cancelled and automatically converted into one share of New Viper's Class A common stock.
FAQ
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