Form 4: Yorktown Energy Partners XI Redeems Shares in Aris Water Solutions, Inc.

Howard Keenan Jr., a director of Aris Water Solutions, reports the redemption of Class B common stock and Solaris Midstream Holdings, LLC units for Class A common stock.

Summary

• On March 17, 2025, Yorktown Energy Partners XI, L.P. requested the redemption of 1,000,000 shares of Class B common stock and 1,000,000 units of Solaris Midstream Holdings, LLC.
• Solaris LLC elected to redeem these securities for 1,000,000 shares of Class A common stock of Aris Water Solutions, Inc.
• The reporting person, Howard Keenan Jr., disclaims beneficial ownership of these securities except to the extent of his pecuniary interests.
• Following the transaction, Yorktown XI indirectly beneficially owns 9,304,608 shares of Class A Common Stock and 9,304,608 units of Solaris Midstream Holdings, LLC.
• Each unit of Solaris LLC is redeemable for one share of Class A common stock, subject to adjustments for stock splits, dividends, and reclassifications.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction. It doesn't inherently convey positive or negative sentiment, but rather reports factual information.

Industry Context

This transaction reflects ongoing adjustments in the ownership structure of Aris Water Solutions, potentially influenced by market conditions and strategic decisions of major shareholders like Yorktown Energy Partners.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in share ownership.
• The redemption of units could affect the capital structure of Solaris Midstream Holdings, LLC.

Key Dates

Keywords

Aris Water Solutions, Yorktown Energy Partners, share redemption, Class A Common Stock, Class B Common Stock, Solaris Midstream Holdings, Howard Keenan Jr., beneficial ownership, Form 4