LandBridge Co LLC Announces Executive and Director Changes
Ticker: LB · Form: 8-K · Filed: Jul 16, 2024 · CIK: 1995807
Sentiment: neutral
Topics: management-change, board-composition, corporate-governance
TL;DR
LandBridge Co LLC reshuffled execs and board on 7/11. Watch for strategy shifts.
AI Summary
LandBridge Company LLC announced on July 11, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. The company is incorporated in Delaware and headquartered in Houston, Texas.
Why It Matters
Changes in leadership and board composition can signal shifts in company strategy, operational focus, or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational stability.
Key Numbers
- 001-42150 — SEC File Number (Identifies the company's filing history with the SEC.)
- 93-3636146 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- LandBridge Company LLC (company) — Registrant
- July 11, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Houston, Texas (location) — Principal executive offices
- 5555 San Felipe Street, Suite 1200 (address) — Business and mailing address
FAQ
What specific roles have been affected by the executive and director changes?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', but does not specify the exact roles in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on July 11, 2024.
Where is LandBridge Company LLC's principal executive office located?
The principal executive offices are located at 5555 San Felipe Street, Suite 1200, Houston, Texas 77056.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This Form 8-K is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
What is the SIC code for LandBridge Co LLC?
The Standard Industrial Classification (SIC) code for LandBridge Co LLC is 6792, which corresponds to OIL ROYALTY TRADERS.
Filing Stats: 946 words · 4 min read · ~3 pages · Grade level 13.8 · Accepted 2024-07-16 17:20:27
Key Financial Figures
- $1,000,000, M — ts. On July 11, 2024, Mr. Long received $1,000,000, Mr. McNeely received $850,000 and each of
- $850,000 — ceived $1,000,000, Mr. McNeely received $850,000 and each of Messrs. Bolling and William
- $800,000 — f Messrs. Bolling and Williams received $800,000. Item9.01 Financial Statements and E
Filing Documents
- d815453d8k.htm (8-K) — 24KB
- d815453dex101.htm (EX-10.1) — 47KB
- 0001193125-24-179719.txt ( ) — 72KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Form of Restricted Share Unit Award Agreement. Compensatory plan or arrangement.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LANDBRIDGE COMPANY LLC By: /s/ Scott L. McNeely Name: Scott L. McNeely Title: Chief Financial Officer Date: July 16, 2024