LandBridge (LB) CEO Jason Thomas Receives 20,358 RSU Award

What Happened
Jason Thomas, President, Chief Executive Officer and Director of LandBridge Co LLC (LB), received an award of 20,358 restricted stock units (RSUs) on August 4, 2026. The RSUs were granted at $0.00 (no cash paid) and represent contingent rights to receive one Class A share per RSU; the reported acquisition value is $0. This is a compensation award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: August 4, 2026; Form 4 filed August 6, 2026 (filed within the typical 2-business-day window).
• Shares/units granted: 20,358 RSUs; reported price: $0.00; reported acquisition value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: Each RSU entitles the holder to one Class A share upon settlement. Vesting: 1/5 of the underlying shares vest on each of the first five anniversaries of July 1, 2026.
• Transaction type: Award/Grant (A) — standard equity compensation, not a purchase or sale.

Context
RSU awards are a common form of executive compensation and do not convey immediate share ownership or sale proceeds until vested and settled. Because these RSUs vest over five years, they represent future potential equity rather than an immediate market signal from the CEO buying or selling stock.