Form 4: Aris Water Solutions Executive Chairman William Zartler Reports Share Surrender for Tax Obligations

William Zartler, Executive Chairman of Aris Water Solutions, surrendered 41,545 shares of Class A Common Stock to cover tax obligations resulting from the settlement of vested restricted stock units.

Summary

• On March 1, 2025, William A. Zartler, the Executive Chairman of Aris Water Solutions, surrendered 41,545 shares of Class A Common Stock.
• The shares were surrendered to cover tax withholding obligations due to the settlement of vested restricted stock units.
• The transaction was executed at a price of $31.46 per share.
• Following the transaction, Zartler directly owns 500,545 shares of Class A Common Stock and 488,474 shares of Class B Common Stock.
• Zartler also indirectly owns 1,064,617 shares of Class B Common Stock through Solaris Energy Capital, LLC.
• Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.
• Solaris Midstream Holdings, LLC units (together with a corresponding number of shares of Class B common stock) are redeemable from time to time for shares of Class A common stock of the Issuer (on a one-for-one basis, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions).

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates