Form 4: Aris Water Solutions Founder William Zartler Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
William Zartler, Founder and Executive Chairman of Aris Water Solutions, reports the acquisition of restricted stock units and holdings in Class B Common Stock and Solaris Midstream Holdings, LLC Units.
Summary
- William Zartler, the Founder and Executive Chairman of Aris Water Solutions, Inc., filed a Form 4 detailing changes in his beneficial ownership.
- The report indicates the acquisition of 83,725 shares of Class A Common Stock in the form of restricted stock units (RSUs) on March 6, 2025, at a price of $0.
- These RSUs will vest in three equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
- Zartler also holds 488,474 shares of Class B Common Stock directly and 1,064,617 shares indirectly through Solaris Energy Capital, LLC.
- Additionally, he holds units in Solaris Midstream Holdings, LLC, which are redeemable for Class A Common Stock on a one-for-one basis, subject to adjustments.
- The report also clarifies that Zartler may be deemed to beneficially own securities held by Solaris Energy Capital, of which he is the sole member, but he disclaims beneficial ownership beyond his pecuniary interest.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The filing reflects standard insider transactions and aligns management interests with shareholders through equity-based compensation. There are no overtly negative signals.
Positives
- The acquisition of RSUs aligns Zartler's interests with the long-term performance of Aris Water Solutions.
- The vesting schedule of the RSUs encourages continued service and commitment from Zartler over the next three years.
Future Outlook
The vesting schedule of the RSUs suggests a continued commitment from William Zartler to Aris Water Solutions over the next three years.
Management Comments
- The Reporting Person disclaims beneficial ownership of the shares held by Solaris Energy Capital in excess of his pecuniary interest therein.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of RSUs by a key executive can reassure shareholders about the company's direction and management's commitment.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Acquisition of restricted stock units. |
| 03/07/2025 | Date of Form 4 filing. |
| 03/01/2026 | First vesting date for one-third of the restricted stock units. |
| 03/01/2027 | Second vesting date for one-third of the restricted stock units. |
| 03/01/2028 | Final vesting date for one-third of the restricted stock units. |
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