CAPOBIANCO DAVID N sold 2.50M shares of LANDBRIDGE CO LLC on the open market
Open‑market sale worth $175.00M. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 11/20/2025ACC: 0001193125-25-290287
Director10% Owner
Since Jun 2024
-5M
Net shares
Net seller
$175.00M
Total sold
1
Open market trades
0B · 1S
4
Total transactions
2.50M acquired · 7.50M disposed
Non-Derivative Transactions3
Class B shares
Indirect
Shares
−2.50M
Price / share
—
Trade value
—
% of position
4.9%
11/18/2025
51.09M→48.59M
Class A shares
Indirect
Shares
+2.50M
Price / share
—
Trade value
—
% of position
New position
11/18/2025
0.00→2.50M
Class A shares
Indirect
Shares
−2.50M
Price / share
$70.00
Trade value
$175M
% of position
New position
11/18/2025
2.50M→0.00
Total
Net shares
−2.50M
Net value
-$175M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class B shares Indirect | 11/18/2025 | J · J | −2.50M | — | — | 4.9% | 51.09M | 48.59M |
| Class A shares Indirect | 11/18/2025 | C · Conversion | +2.50M | — | — | New position | 0.00 | 2.50M |
| Class A shares Indirect | 11/18/2025 | S · Sale | −2.50M | $70.00 | $175M | New position | 2.50M | 0.00 |
| Total | −2.50M | -$175M | ||||||
Derivative Transactions1
DBR Land Holdings LLC Units
Indirect
Converts to
Class A Shares
2.50M shares
Shares
−2.50M
Strike price
Held after
48.59M
Exercisable
—
11/18/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| DBR Land Holdings LLC Units Indirect | Class A Shares2.50M shares | 11/18/2025 | C · Conversion | −2.50M | — | 48.59M |