Form 4: Aris Water Solutions CEO Sells Shares to Cover Tax Obligations

Aris Water Solutions CEO, Amanda M. Brock, sold 18,909 shares of Class A common stock to cover tax obligations related to vested restricted stock units.

Summary

• Amanda M. Brock, the President and CEO of Aris Water Solutions, Inc., sold 18,909 shares of Class A common stock on December 16, 2024.
• The sale was executed at a price of $25.81 per share.
• This transaction was to cover tax withholding obligations resulting from the settlement of vested restricted stock units.
• Following the transaction, Ms. Brock directly owns 421,973 shares of Class A common stock.
• She also indirectly owns 406,693 shares of Class B common stock, which have no economic rights but carry voting rights.
• These Class B shares are associated with units in Solaris Midstream Holdings, LLC, which are redeemable for Class A common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes and does not indicate any positive or negative sentiment towards the company's performance.

Industry Context

This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any change in the company's performance or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive stock transactions.
• The sale of shares to cover tax obligations is a common occurrence among executives who receive equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive for tax purposes.

Key Dates

Keywords

Aris Water Solutions, insider trading, Form 4, Amanda M. Brock, stock sale, tax obligations, restricted stock units, Class A common stock, Class B common stock, Solaris Midstream Holdings