Viper Energy (VNOM) Director John P. Grotzinger Receives Award

What Happened

• John P. Grotzinger, a director of Viper Energy, was awarded 2,606 restricted stock units (RSUs) on 2026-09-15. The units were granted at $0.00 per unit (an award/grant), so no cash was exchanged. The Form 4 was filed on 2026-09-17.

Key Details

• Transaction date: 2026-09-15; filing date: 2026-09-17 (appears timely for Form 4).
• Transaction type/code: A (award/grant); reported price per unit: $0.00.
• Number of RSUs granted: 2,606.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: These are restricted stock units, each representing a contingent right to one share of Class A common stock. The RSUs are a prorated annual non-employee director grant under the company’s long-term incentive plan and will vest on the earlier of May 19, 2027 or the date of the next annual meeting following the grant.

Context

• RSUs are a form of equity compensation that convert to actual shares only upon vesting; they do not represent immediately tradable shares and don’t involve an outlay of cash. Director grants are common and typically part of routine compensation rather than an immediate market signal.