Hu Frank C. 4

What Happened
Frank C. Hu, a director of Viper Energy, Inc. (VNOM), received an award of 3,612 restricted stock units (RSUs) on 2026-05-19. The grant was reported on Form 4 filed 2026-05-21. The RSUs were issued with an acquisition price of $0 (transaction code A — award/grant) and represent a contingent right to one share of Class A common stock per unit.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (appears timely).
• Award: 3,612 RSUs; acquisition price reported as $0; total reported cash value at grant = $0 (grant is equity compensation, not a cash purchase).
• Vesting: RSUs vest on the earlier of the one-year anniversary of grant or the date of the 2027 annual meeting of stockholders (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Additional items: Grant is an annual non-employee director award under the issuer’s long-term incentive plan. Exhibit noted: Limited Power of Attorney (Exhibit 24.1).

Context
RSUs are a form of deferred equity — they do not convert into actual shares until they vest, so this award does not represent an immediate market purchase or sale. Director RSU grants are common as routine compensation for non-employee directors and should be viewed as compensation rather than a direct bullish or bearish market signal.