Form 4: Aris Water Solutions: Executive Chairman William Zartler Reports Share Transactions

Sentiment:

SEC Form 4 Filing


William Zartler, Executive Chairman of Aris Water Solutions, reports acquisition and disposal of Class A Common Stock related to vesting of performance-based restricted stock units and tax obligations.

Summary

  • On February 12, 2025, William Zartler, the Executive Chairman of Aris Water Solutions, Inc., acquired 54,935 shares of Class A Common Stock upon the vesting of performance-based restricted stock units (PSUs).
  • Zartler also disposed of 16,499 shares of Class A Common Stock at a price of $28.06 to cover tax withholding obligations related to the PSU settlement.
  • Following these transactions, Zartler directly owns 542,090 shares of Class A Common Stock and 488,474 shares of Class B Common Stock.
  • Additionally, Zartler indirectly owns 1,064,617 shares of Class B Common Stock through Solaris Energy Capital, LLC, where he is the sole member.
  • These shares are associated with units in Solaris Midstream Holdings, LLC, which are redeemable for Class A Common Stock on a one-for-one basis.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. There are no indications of significant positive or negative developments.

Positives

  • The vesting of performance-based restricted stock units indicates that performance targets were met, which is a positive signal.

Negatives

  • The disposal of shares to cover tax obligations, while normal, slightly reduces Zartler's direct holdings in the company.

Risks

  • The value of the Class A Common Stock could be affected by market conditions and company performance.
  • Changes in tax laws could impact the tax obligations related to equity compensation.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates normal equity-based compensation and tax-related transactions.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
02/12/2025Date of transaction: acquisition of Class A Common Stock and disposal of Class A Common Stock for tax obligations.
02/14/2025Date of signature by Attorney-in-Fact.

Keywords

Aris Water Solutions, William Zartler, Class A Common Stock, Class B Common Stock, Form 4, PSU, Solaris Energy Capital, Beneficial Ownership, Equity Incentive Plan

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