New insider Bass Ward R. claimed ownership of 12,862 shares (SEC Form 3)
$STR
Oil & Gas Production
Energy
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/30/2025 |
3. Issuer Name and Ticker or Trading Symbol
Sitio Royalties Corp. [ STR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Class A Common Stock | 12,862(1) | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Explanation of Responses: |
| 1. Includes 8,971 restricted stock units ("RSUs") granted pursuant to the Sitio Royalties Corp. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Sitio Royalties Corp.'s (the "Company") Class A common stock, par value $0.0001 per share. Of these 8,971 RSUs, (i) 856 RSUs are unvested and scheduled to vest in full on December 31, 2025; (ii) 2,099 RSUs are unvested and scheduled to vest in two equal installments on December 31, 2025 and December 31, 2026; and (iii) 6,016 RSUs are unvested and scheduled to vest in three equal one-third installments on each of the first three anniversaries of December 31, 2024, subject in each case to the reporting person's continued service with the Company through the applicable vesting date. |
| Remarks: |
| See Exhibit 24 - Power of Attorney. |
| /s/ Ward R. Bass, by Brett S. Riesenfeld as Attorney-in-Fact | 07/10/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||