WEST STEVEN E 4

What Happened

• Steven E. West, a director of Viper Energy, Inc. (VNOM), was granted 3,612 restricted stock units (RSUs) on May 19, 2026. The grant is recorded at $0.00 per unit (award), so the reported purchase value is $0. These RSUs were issued as the director's annual non-employee director grant under the company’s long‑term incentive plan.

Key Details

• Transaction date: 2026-05-19; Filing date (Form 4): 2026-05-21 (filed two days after the transaction, within the typical 2-business-day Section 16 deadline).
• Grant: 3,612 RSUs; reported acquisition price $0.00 (award).
• Vesting: RSUs vest on the earlier of the one-year anniversary of the grant or the date of the 2027 annual meeting of stockholders (see footnote).
• Other note in filing: a transfer of 14,307 shares of Class A Common Stock is reflected as exempt under Rule 16a-12 (footnote), not a market trade.
• Exhibit included: Limited Power of Attorney (Exhibit 24.1).
• Shares owned after the transaction are not explicitly summarized in the transaction table of the filing.

Context

• These RSUs are a compensation award (not a market purchase or sale). RSUs represent a contingent right to receive one share per unit upon vesting; their ultimate value depends on VNOM’s stock price when they vest or are settled.
• Director RSU grants are common as routine compensation and do not, by themselves, indicate a buy/sell signal from the insider.