Rubin James L. 4
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Viper Energy (VNOM) Director James L. Rubin Receives RSU Award
What Happened James L. Rubin, a director of Viper Energy, Inc. (VNOM), received a grant of 3,612 restricted stock units (RSUs) on May 19, 2026. The RSUs were awarded at $0.00 (no cash paid) as an annual non-employee director grant under the company’s long-term incentive plan. The reported acquisition value is $0 because these are compensation awards, not open-market purchases.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (appears timely).
- Grant type/code: A (award/grant); amount: 3,612 RSUs; reported price: $0.00.
- Vesting: RSUs vest on the earlier of the one-year anniversary of the grant or the date of the 2027 annual meeting of stockholders.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Each RSU is a contingent right to one share of Class A common stock (par value $0.000001).
- Exhibit: 24.1 Limited Power of Attorney attached.
Context This transaction is a compensation award to a non-employee director rather than a market purchase or sale, so it reflects routine director pay rather than a direct bullish or bearish trading decision. RSUs convert into shares upon vesting (subject to the stated schedule).