Form 4: Aris Water Solutions Executive Sells Shares
SEC Form 4 Filing
Nicholas A. Patterson, Chief Commercial Officer of Aris Water Solutions, sold 5,250 shares of Class A Common Stock at an average price of $22.05 on November 7, 2024.
Summary
- Nicholas A. Patterson, the Chief Commercial Officer of Aris Water Solutions, Inc., sold 5,250 shares of Class A Common Stock on November 7, 2024.
- The sale was executed at a weighted average price of $22.05, with individual transactions ranging from $22.05 to $22.10.
- Following the transaction, Patterson directly owns 52,413 shares of Aris Water Solutions, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. No indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the stock sale transaction. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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