LandBridge Holdings LLC sold $93.8M of LB stock

LandBridge Holdings LLC, Dir, 10% of LandBridge Co LLC (LB), sold 1,250,000 shares of LB stock worth $93.8M, per an SEC Form 4 filed Aug 12, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Aug 7, 2026, 5 days before it was made public.

LB has moved -12.1% since the trade date, from $75.40 to $66.24 (Nov 10, 2026 close).