4/A: Solaris Energy Infrastructure Director Amends Form 4 to Correct Transaction Code
SEC Filing Amendment
A director at Solaris Energy Infrastructure, A.J. Teague, amended a previous Form 4 filing to correct a transaction code error related to a purchase of Class A Common Stock.
Summary
- A.J. Teague, a director at Solaris Energy Infrastructure, filed an amended Form 4 with the SEC.
- The amendment corrects an administrative error in the original filing from March 7, 2025.
- The error misreported the purchase of 2,000 shares of Class A Common Stock.
- The original form incorrectly used transaction code 'A' instead of 'P'.
- The corrected form indicates the purchase was an open market purchase.
- Teague purchased 2,000 shares of Class A Common Stock at a weighted average price of $24.02 per share on March 6, 2025.
- These shares were purchased in multiple transactions at prices ranging from $23.99 to $24.02 per share.
- Following the transaction, Teague directly owns 98,459 shares of Class A Common Stock, including 12,372 shares subject to vesting.
- Teague also purchased 2,000 shares of Class A Common Stock at a weighted average price of $24.18 per share on March 6, 2025.
- These shares were purchased in multiple transactions at prices ranging from $24.16 to $24.19 per share.
- Following the transaction, Teague indirectly owns 102,459 shares of Class A Common Stock through a spouse.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing amendment, indicating standard corporate governance practices. The correction of an error is a neutral event.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of the stock purchase transaction |
| 03/07/2025 | Date of original Form 4 filing |
| 03/10/2025 | Date of amended Form 4/A filing |
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