Form 4: Aris Water Solutions COO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David Dylan Van Brunt, Chief Operating Officer of Aris Water Solutions, sold shares to cover tax withholding obligations related to vested restricted stock units.
Summary
- On October 22, 2024, David Dylan Van Brunt, the Chief Operating Officer of Aris Water Solutions, sold 1,943 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations arising from the settlement of vested restricted stock units.
- The shares were sold at a price of $16.26 per share.
- Following the transaction, Van Brunt directly owns 92,747 shares of Aris Water Solutions.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. Sales to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 10/22/2024 | Date of the transaction: David Dylan Van Brunt sold shares to cover tax obligations. |
| 10/24/2024 | Date of signature on the Form 4 filing. |
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