EagleRock Land (EROK) Director Kumar Raj Receives RSU Award

What Happened
Kumar Raj, a director of EagleRock Land, LLC (EROK), was granted 7,824 Restricted Share Units (RSUs) on September 10, 2026. The grant is reported as an award (transaction code A) at $0.00 per unit (total reported value $0). Each RSU is a contingent right to receive one Class A share upon settlement; the RSUs vest in full on October 9, 2027, subject to continued Board service and any deferred settlement elections.

Key Details

• Transaction date: September 10, 2026; Form 4 filed September 14, 2026 (meets the 2-business-day filing deadline).
• Grant: 7,824 RSUs @ $0.00 (award). Reported total value: $0 (award, not a cash purchase).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs vest in full on October 9, 2027 if the director remains on the Board; the reporting person may elect deferred settlement, in which case shares will be delivered per that schedule.
• Transaction code: A = Award/Grant.

Context
RSUs are a form of deferred equity compensation: they do not represent immediate share ownership or an open-market purchase and only convert to actual shares upon vesting and settlement. Such awards are common for directors and executives and do not by themselves indicate a buy or sell signal until shares are settled or sold.