EagleRock Land (EROK) Director Stephanie L. Reed Receives RSU Award

What Happened Stephanie L. Reed, a director of EagleRock Land, LLC (EROK), was granted 7,534 Restricted Share Units (RSUs) on September 10, 2026. The Form 4 reports the award as an acquisition at $0.00 per unit (a compensation grant), so no cash was paid. Each RSU is a contingent right to receive one Class A share upon settlement.

Key Details

• Transaction date: 2026-09-10 (reported on Form 4 filed 2026-09-14); transaction code: A (award/grant).
• Grant: 7,534 RSUs @ $0.00 each (total cash consideration reported = $0).
• Vesting/settlement: RSUs vest in full on October 9, 2027, subject to continued Board service and any deferred settlement elections; settlement will follow the Reporting Person's deferral schedule (see footnote F1).
• Shares owned after transaction: Not specified in the supplied filing.
• Filing timeliness: Form filed 2026-09-14 (four calendar days after the grant); appears timely under the SEC’s 2-business-day Form 4 requirement.

Context This was a compensation award (RSUs), not an open-market purchase or sale. RSUs convert to shares only upon settlement and vesting, and may be deferred per the director’s election—so the grant alone does not indicate an immediate buy or sell decision.