Key facts
- This page summarizes Andrew Dax McDavid's Form 4 filing for Sitio Royalties Corp. (STR).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Mar 2025, 19:40.
Andrew Dax McDavid - 27 Feb 2025 Form 4 Insider Report for Sitio Royalties Corp. (STR)
- Reporting relationship
- Executive Vice President, Corporate Development
- Issuer ticker
- STR
- Reported as of
- 27 Feb 2025
- Net transaction value
- -$124,287
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2025, 19:40:53 UTC
- Prior SEC filing
- 31 Dec 2024
- Next SEC filing
- 19 Aug 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Andrew Dax McDavid, by Brett S. Riesenfeld as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Andrew Dax McDavid filed Form 4 for Sitio Royalties Corp. (STR) on 03 Mar 2025.
Change
- Previous filing in this sequence was filed on 31 Dec 2024.
- Current net transaction value: -$124,287.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
STR
transaction
Class A Common Stock
Tax liability
- Transaction value
- $66,027
- Shares
- -3,386
- Change %
- -1.6%
- Price
- $19.50
- Shares after
- 209,378
- Date
- 27 Feb 2025
- Ownership
- Direct
- Footnotes
- F1, F2
STR
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +27,564
- Change %
- +13%
- Price
- $0.000000
- Shares after
- 236,942
- Date
- 28 Feb 2025
- Ownership
- Direct
- Footnotes
- F3
STR
transaction
Class A Common Stock
Tax liability
- Transaction value
- $58,260
- Shares
- -2,913
- Change %
- -1.2%
- Price
- $20.00
- Shares after
- 234,029
- Date
- 01 Mar 2025
- Ownership
- Direct
- Footnotes
- F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
STR
transaction
Derivative
Performance Stock Units
Award
- Transaction value
- $0
- Shares
- +82,692
- Change %
- +59%
- Price
- $0.000000
- Shares after
- 221,999
- Date
- 28 Feb 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 82,692
- Exercise price
- Footnotes
- F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
These shares were withheld by Sitio Royalties Corp. (the "Company") to satisfy the tax withholding obligations of the reporting person in connection with the vesting of one-third of an award of restricted stock units ("RSUs") on February 27, 2025.
Footnote F2
Represents the closing price of the Company's Class A common stock, par value $0.0001 per share ("Common Stock"), on the date of the tax withholding.
Footnote F3
Represents RSUs granted to the reporting person pursuant to the Sitio Royalties Corp. Long Term Incentive Plan (the "LTIP"). Each RSU represents a contingent right to receive one share of the Company's Common Stock. The RSUs will vest in equal one-third installments on each of the first three anniversaries of February 28, 2025, subject to the reporting person's continuous service through each vesting date.
Footnote F4
These shares were withheld by the Company to satisfy the tax withholding obligations of the reporting person in connection with the vesting of one-third of an award of RSUs on March 1, 2025.
Footnote F5
Represents the closing price of the Company's Common Stock on February 28, 2025, the trading date immediately preceding the date of the tax withholding.
Footnote F6
Represents performance stock units ("PSUs") granted to the reporting person pursuant to the LTIP in respect of calendar year 2025. Each PSU represents the right to receive one share of Common Stock. The PSUs will be eligible to be earned by the reporting person based on achievement with respect to an annualized absolute total shareholder return performance goal over a three-year performance period beginning with the last 20 trading days of 2024 through the last 20 trading days of 2027, subject to the reporting person's continuous service through the end of such performance period. The number of PSUs indicated reflects the "target" number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 200% of such target number.
SEC remarks
Executive Vice President, Corporate Development