Charles L. Watson - Jul 1, 2024 Form 4 Insider Report for LandBridge Co LLC (LB)

Role: Director
Signature: /s/ Harrison Bolling, Attorney-In-Fact
Stock symbol: LB
Transactions as of: Jul 1, 2024
Transactions value $: $1,999,200
Form type: 4
Date filed: 7/3/2024, 09:01 PM
Previous filing: Jun 27, 2024
Next filing: Jul 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LB	Class A shares	Purchase	$2M	+118K		$17.00^*	118K	Jul 1, 2024	See Footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects Class A shares representing limited liability company interests in LandBridge Company LLC (the "Issuer") purchased through a directed share program in connection with the Issuer's initial public offering, which closed on July 1, 2024.
F2	Includes 117,600 Class A shares that are directly held by Wincrest Ventures, LP ("Wincrest Ventures"). The reporting person is the chief executive officer of Wincrest Ventures, and the reporting person and his wife jointly own 100% of the ownership interests in Wincrest Investments Inc., the sole general partner of Wincrest Ventures. As a result of the foregoing, the reporting person may exercise voting and investment control over the Class A shares held by Wincrest Ventures and may be deemed to be the beneficial owner thereof. The reporting person disclaims beneficial ownership of Class A shares in excess of his pecuniary interest therein, if any.

Content

Reflects Class A shares representing limited liability company interests in LandBridge Company LLC (the "Issuer") purchased through a directed share program in connection with the Issuer's initial public offering, which closed on July 1, 2024.

Includes 117,600 Class A shares that are directly held by Wincrest Ventures, LP ("Wincrest Ventures"). The reporting person is the chief executive officer of Wincrest Ventures, and the reporting person and his wife jointly own 100% of the ownership interests in Wincrest Investments Inc., the sole general partner of Wincrest Ventures. As a result of the foregoing, the reporting person may exercise voting and investment control over the Class A shares held by Wincrest Ventures and may be deemed to be the beneficial owner thereof. The reporting person disclaims beneficial ownership of Class A shares in excess of his pecuniary interest therein, if any.