Riesenfeld Brett S. 4
4 · Sitio Royalties Corp. · Filed Jun 13, 2025
Insider Transaction Report
Form 4
Riesenfeld Brett S.
See Remarks
Transactions
- Exercise/Conversion
Performance Stock Units
2025-06-12−41,527→ 168,736 total→ Class A Common Stock (41,527 underlying) - Exercise/Conversion
Class A Common Stock
2025-06-12+23,180→ 123,995 total - Tax Payment
Class A Common Stock
2025-06-12$19.95/sh−8,111$161,814→ 115,884 total
Footnotes (3)
- [F1]On June 12, 2025, the Compensation Committee of Sitio Royalties Corp. (the "Company") certified the Company's annualized absolute total stockholder return performance over the performance period from June 7, 2022 through June 7, 2025, resulting in 55.8191% of the target number of performance stock units ("PSUs") originally granted on June 10, 2022 becoming earned by the Reporting Person. Each earned PSU entitles the Reporting Person to receive one share of the Company's Class A common stock, par value $0.0001 per share ("Common Stock").
- [F2]Represents shares of the Common Stock that were withheld by the Company to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of the PSUs.
- [F3]Represents the closing price of the Company's Common Stock on June 6, 2025, the trading date immediately preceding the effective date of the tax withholding.