Form 4: Aris Water Officer Converts Shares Post-Merger

Aris Water Solutions' Chief Accounting Officer, Jeffrey K. Hunt, converted his Class A Common Stock and Restricted Stock Units following the merger with Western Midstream Partners, LP.

Summary

• Jeffrey K. Hunt, Chief Accounting Officer of Aris Water Solutions, Inc., converted his beneficial ownership in the company's Class A Common Stock and Restricted Stock Units (RSUs).
• This conversion occurred on October 15, 2025, as a result of the merger with Western Midstream Partners, LP, which was based on an Agreement and Plan of Merger entered into on August 6, 2025.
• Each share of Class A Common Stock was converted into the right to receive, based on an election, one of the following forms of consideration: $7.00 in cash and 0.450 Parent Common Units, $25.00 in cash, or 0.625 Parent Common Units.
• In the event of no timely election, the default consideration for Class A Common Stock was 0.625 Parent Common Units.
• Issuer RSU Awards, including 34,955 shares held by Mr. Hunt, were converted into cash equal to the total number of RSU shares multiplied by $25.00, plus any accrued but unpaid cash-based dividend equivalents.
• Following these transactions, Mr. Hunt beneficially owns 0 shares of Aris Water Solutions, Inc. Class A Common Stock.

Sentiment

Score: 7

Explanation: The filing reports the expected conversion of equity holdings following a merger, indicating a successful completion of the transaction for the reporting person and shareholders, who received predefined consideration.

Positives

• The merger provided liquidity or equity in the acquiring entity for Aris Water Solutions shareholders and RSU holders.
• Jeffrey K. Hunt received consideration for his Class A Common Stock and RSU awards as per the predefined merger agreement terms.

Future Outlook

NA

Industry Context

This transaction reflects consolidation within the water solutions or midstream energy sector, where companies like Aris Water Solutions are acquired by larger entities such as Western Midstream Partners, LP. Such mergers often aim to achieve synergies, expand operational scale, or streamline asset portfolios.

Related Party Transactions

• The conversion of equity holdings by a Chief Accounting Officer following a merger can be considered a related party transaction as it involves an insider's dealings with the company's securities in the context of a corporate event.

Stakeholder Impact

• Shareholders: Received cash and/or common units in Western Midstream Partners, LP, as consideration for their Aris Water Solutions Class A Common Stock.
• Employees (specifically RSU holders): Those with RSU awards, like Mr. Hunt, received cash consideration for their vested and unvested units as per the merger terms.

Key Dates

Keywords

Aris Water Solutions, ARIS, Western Midstream Partners, Merger, Form 4, Insider Transaction, Jeffrey K. Hunt, Chief Accounting Officer, Class A Common Stock, Restricted Stock Units, Equity Conversion