Form 4: Aris Water Solutions CFO Stephan E. Tompsett Reports Share Surrender for Tax Withholding
SEC Form 4 Filing
Stephan E. Tompsett, CFO of Aris Water Solutions, surrendered 2,347 shares of Class A Common Stock on September 1, 2024, to cover tax obligations from vested restricted stock units.
Summary
- On September 1, 2024, Stephan E. Tompsett, the Chief Financial Officer of Aris Water Solutions, Inc. (ARIS), surrendered 2,347 shares of Class A Common Stock.
- The shares were surrendered to cover tax withholding obligations resulting from the settlement of vested restricted stock units.
- The transaction was executed at a price of $16.82 per share.
- Following the transaction, Tompsett directly owns 133,239 shares of Aris Water Solutions, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related activity.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of the transaction: Surrender of shares for tax withholding. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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