Viper Energy (NASDAQ: VNOM) director receives 3,612 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Armour Spencer D III reported acquisition or exercise transactions in this Form 4 filing.
Viper Energy, Inc. director Armour Spencer D III received an equity award of 3,612 restricted stock units, each representing one share of Class A Common Stock. These RSUs were granted as an annual non-employee director grant under the company’s long term incentive plan.
The RSUs will vest on the earlier of the one-year anniversary of the grant date and the date of Viper Energy’s 2027 annual stockholders’ meeting. Following this award, Armour Spencer D III directly holds 50,327 shares of Class A Common Stock, reflecting his updated ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Armour Spencer D III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,612 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 50,327 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,612 units
Post-transaction holdings: 50,327 shares
Transaction price per share: $0.0000
+1 more
4 metrics
RSUs granted
3,612 units
Annual non-employee director grant on May 19, 2026
Post-transaction holdings
50,327 shares
Class A Common Stock held directly after grant
Transaction price per share
$0.0000
Equity award granted at no cash cost
Vesting condition date
2027 annual meeting / 1-year from grant
RSUs vest at earlier of these dates
Key Terms
restricted stock units, long term incentive plan, annual non-employee director grant, vest
4 terms
restricted stock units financial
"These securities are restricted stock units, each representing a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
long term incentive plan financial
"granted to the reporting person as an annual non-employee director grant under the issuer's long term incentive plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
annual non-employee director grant financial
"were granted to the reporting person as an annual non-employee director grant under the issuer's long term incentive plan"
vest financial
"will vest on the earlier of the one-year anniversary of the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Viper Energy (VNOM) disclose in this Form 4 filing?
Viper Energy disclosed that director Armour Spencer D III received 3,612 restricted stock units as an annual non-employee director grant under the company’s long term incentive plan, updating his total direct holdings to 50,327 Class A Common Stock shares after the transaction.
When do the new VNOM restricted stock units vest for Armour Spencer D III?
The 3,612 restricted stock units will vest on the earlier of the one-year anniversary of the grant date and the date of Viper Energy’s 2027 annual meeting of stockholders. Vesting must occur before shares are actually delivered to the director.
Was the VNOM director’s grant an open-market stock purchase or compensation award?
The transaction was a compensation-related award, not an open-market purchase. Armour Spencer D III received 3,612 restricted stock units as an annual non-employee director grant under Viper Energy’s long term incentive plan, with no cash price per share reported in the filing.