SCHEDULE: First Trust Entities Report 0% Stake in Aris Water Solutions

First Trust Merger Arbitrage Fund and related entities have filed an amended Schedule 13G, reporting zero beneficial ownership in Aris Water Solutions, Inc. as of December 31, 2025.

Summary

• First Trust Merger Arbitrage Fund (VARBX), First Trust Capital Management L.P. (FTCM), First Trust Capital Solutions L.P. (FTCS), and FTCS Sub GP LLC (Sub GP) jointly filed an amendment to Schedule 13G.
• The filing indicates that as of December 31, 2025, the reporting persons collectively beneficially owned 0 shares of Aris Water Solutions, Inc.'s Class A Common Stock.
• This represents 0.00% of the outstanding Class A Common Stock of Aris Water Solutions, Inc.
• The reporting persons disclaim any sole or shared voting or dispositive power over Aris Water Solutions, Inc. shares.
• The filing certifies that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a standard regulatory disclosure of beneficial ownership, and the reported 0% stake does not inherently convey positive or negative sentiment about the issuer.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the issuer's operations or financial performance.

Management Comments

• Joy Ausili, Trustee, Vice President and Assistant Secretary of First Trust Merger Arbitrage Fund, certified the information.
• Chad Eisenberg, Chief Operating Officer of First Trust Capital Management L.P., First Trust Capital Solutions L.P., and FTCS Sub GP LLC, certified the information.

Industry Context

StockSavvy.ai notes that Schedule 13G/A filings are routine disclosures by institutional investors, indicating their beneficial ownership in a company. A report of 0% ownership, especially as an amendment, typically signifies that the reporting entity has either sold off its entire stake or fallen below the 5% reporting threshold, which can be a neutral event or, depending on the prior ownership, a signal of a fund's exit strategy from the particular stock.

Stakeholder Impact

• Shareholders: Minimal direct impact as the filing reports a 0% stake, indicating no significant ownership change to influence corporate control or strategy from these specific entities.

Key Dates

Keywords

Aris Water Solutions, First Trust, Schedule 13G/A, Beneficial Ownership, Common Stock, Investment Fund, SEC Filing