Form 4: Aris Water Solutions CFO Stephan Tompsett Reports Share Transactions

Stephan E. Tompsett, CFO of Aris Water Solutions, filed a Form 4 disclosing the surrender of shares for tax withholding and the grant of restricted stock units.

Summary

• On March 1, 2024, Stephan E. Tompsett, the Chief Financial Officer of Aris Water Solutions, Inc., reported transactions involving the company's Class A Common Stock.
• Tompsett surrendered 4,088 shares to cover tax withholding obligations at a price of $12.04 per share.
• He was also granted 65,085 restricted stock units (RSUs) under the company's 2021 Equity Incentive Plan.
• These RSUs will vest in three equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
• Following these transactions, Tompsett beneficially owns 135,586 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share transactions, with neutral sentiment.

Positives

• The grant of RSUs to the CFO aligns his interests with the long-term performance of the company.
• The vesting schedule of the RSUs encourages continued service and commitment from the CFO.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Comparison to Industry Standards

• Equity compensation in the form of RSUs is a common practice among publicly traded companies to incentivize executives.
• Vesting schedules typically range from three to five years, aligning with standard industry practices.

Stakeholder Impact

• Shareholders are informed about the CFO's transactions in company stock, providing transparency.
• The RSU grant incentivizes the CFO to focus on long-term value creation for shareholders.

Key Dates