Form 4: Aris Water Solutions Chief Legal Officer Receives Stock Grant
SEC Form 4 Filing
Robert W. Hunt, Jr., Chief Legal Officer of Aris Water Solutions, Inc., was granted 89,266 restricted stock units (RSUs) on March 1, 2024, under the company's 2021 Equity Incentive Plan.
Summary
- On March 1, 2024, Robert W. Hunt, Jr., the Chief Legal Officer of Aris Water Solutions, Inc., received a grant of 89,266 restricted stock units (RSUs).
- These RSUs were granted under the Aris Water Solutions, Inc. 2021 Equity Incentive Plan.
- Each RSU represents the right to receive one share of the Issuer's Class A common stock.
- The RSUs will vest in three equal installments: one-third on March 1, 2025, one-third on March 1, 2026, and one-third on March 1, 2027.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to slightly positive.
Positives
- The grant of RSUs aligns the Chief Legal Officer's interests with those of the shareholders, incentivizing him to contribute to the company's long-term success.
- The vesting schedule encourages continued service and commitment to the company over the next three years.
Future Outlook
The vesting schedule of the RSUs suggests an expectation of continued service and contribution from the Chief Legal Officer over the next three years.
Industry Context
Grants of restricted stock units are a common practice in corporate compensation to align executive interests with shareholder value and encourage long-term commitment.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive sign, aligning management's interests with long-term company performance.
- Employees may see the grant as a sign of the company's commitment to its leadership team.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of RSU grant |
| 03/01/2025 | First vesting date (one-third of RSUs) |
| 03/01/2026 | Second vesting date (one-third of RSUs) |
| 03/01/2027 | Final vesting date (one-third of RSUs) |
| 03/05/2024 | Date of Form 4 filing |
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