Viper Energy, Inc.·4

May 21, 4:02 PM ET

Armour Spencer D III 4

Research Summary

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Viper Energy (VNOM) Director Armour Spencer D III Receives RSU Award

What Happened

  • Spencer D. Armour III, a director of Viper Energy, received an award of 3,612 restricted stock units (RSUs) on 2026-05-19. The transaction is coded as an award/grant (A) and the per-unit price is reported as $0.00 (total reported value $0).
  • These RSUs represent a contingent right to receive one share of Class A common stock per unit subject to vesting conditions; this is a grant (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed within the typical reporting window).
  • Grant amount: 3,612 RSUs; reported price: $0.00; reported cash value: $0.
  • Vesting: RSUs vest on the earlier of the one-year anniversary of the grant and the date of the 2027 annual meeting of stockholders (per footnote).
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: RSUs granted as an annual non-employee director grant under the issuer’s long-term incentive plan.
  • Exhibit: Exhibit 24.1 — Limited Power of Attorney included.

Context

  • RSU grants to non-employee directors are common compensation practices to align directors with shareholders; this grant does not involve an immediate cash purchase or sale.
  • Because these are restricted units that vest in the future, they do not immediately increase tradable share count for the director until vesting and delivery occur.