Argo Laurie H 4
Research Summary
AI-generated summary
Viper Energy (VNOM) Director Laurie H. Argo Receives Award
What Happened
Laurie H. Argo, a director of Viper Energy, Inc. (VNOM), was granted 3,612 restricted stock units (RSUs) on May 19, 2026. The filing shows an acquisition price of $0, so the reported cash value at grant is $0; each RSU represents a contingent right to one share of Class A common stock upon vesting. This was an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19 (reported on Form 4 filed 2026-05-21). Filing appears timely.
- Transaction type/code: A — Award/Grant of RSUs.
- Shares/Rights granted: 3,612 restricted stock units. Reported acquisition price: $0 (total $0 reported).
- Vesting: RSUs vest on the earlier of the one-year anniversary of the grant or the date of the 2027 annual meeting of stockholders (per footnote).
- Shares owned after transaction: not specified in the Form 4.
- Other: Exhibit 24.1 (Limited Power of Attorney) attached to the filing.
Context
RSU grants to non-employee directors are common compensation and reflect service-based awards rather than immediate market bets. These RSUs convert to actual shares only after vesting, so they do not represent immediately tradable stock.
Loading document...