David N Capobianco

Director David N Capobianco sold 5,894,826 shares of WBI at $30.05 for $177.1M; retains 1,980,921 non-derivative shares plus 51,762,663 WBI Operating LLC Units

Director David N Capobianco sold 5,894,826 shares at $30.05 on 2026-06-22, reducing his non-derivative holdings by 74.8% while retaining substantial derivative holdings of 51,762,663 WBI Operating LLC Units. The sale occurred at $30.05 while the current market price stands at $29.98, which is 17.2% below the 52-week high of $36.21. Across his open-market history (2 prior sells), Capobianco's average 90-day return after sales was −18.1%, with a 100.00% well-timed rate, indicating his prior sales have generally preceded stock declines. WBI's fundamentals show robust growth with annual revenue growth of +66.2%, though current-period net income of $3.5M on $201.0M revenue reflects modest profitability margins despite scale.

Director Capobianco sold 2,500,000 shares of LB at $70.00 for $175,000,000.00 on 2025-11-18

Director David N Capobianco sold 2,500,000 shares at $70.00, generating $175,000,000.00 in proceeds. The shares were sold above the current market price of $59.74, representing a 17.1% premium to today's valuation, and well above the 52-week low of $48.86. Across his open-market history, Capobianco's prior sell activity posted an average 90-day return of -29.5% with a 100.00% well-timed rate, and his one prior LB trade (a May 2025 sale) also resulted in a -29.5% 90-day outcome. The company reported strong recent growth with annual revenue growth of +50.9% and latest quarterly revenue of $50,831,000.00, though the P/E ratio stands at 213.36, reflecting stretched valuation multiples relative to current earnings. The derivative-conversion nature of this filing indicates the transaction involves securities conversion rather than a simple exit; the insider's total position extends beyond the Table I share count shown post-transaction.

Director Capobianco sells 1,900,000 shares of LB for $142,975,000 at $75.25; conversion of derivative securities.

Director David N Capobianco sold 1,900,000 shares of LandBridge Co LLC at $75.25 on 2025-05-23, generating $142,975,000 in proceeds. This filing reflects a conversion of derivative securities (Table II holdings, not yet populated in the database), so the sale represents a partial transaction in a broader derivative position rather than a complete stake exit. The sale occurred at $75.25 while the current price stands at $76.14 (current holdings reflect 0 shares in Table I post-transaction, but the insider retains derivative positions not yet captured). With the stock trading -9.9% from its 52-week high of $84.50, and given the company's strong 50.9% annual revenue growth offset by an extremely elevated P/E of 271.93, this derivative conversion warrants attention as a window into executive confidence in the valuation and growth trajectory.