Form 4: Aris Water Solutions CEO Amanda Brock Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Amanda Brock, President and CEO of Aris Water Solutions, disposed of 17,027 shares of Class A Common Stock to cover tax withholding obligations.
Summary
- On October 22, 2024, Amanda Brock, the President and CEO of Aris Water Solutions, disposed of 17,027 shares of Class A Common Stock.
- The transaction was executed to cover tax withholding obligations resulting from the settlement of vested restricted stock units.
- The shares were disposed of at a price of $16.26 per share.
- Following the transaction, Brock directly owns 440,882 shares of Class A Common Stock and 406,693 shares of Class B Common Stock.
- Brock also indirectly owns 406,693 Solaris Midstream Holdings, LLC Units which are redeemable for Class A Common Stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of transaction: Amanda Brock disposed of shares to cover tax obligations. |
| 10/24/2024 | Date of signature on the Form 4 filing. |
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