Form 4: Solaris Energy Infrastructure Former COO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Kelly L. Price, former COO of Solaris Energy Infrastructure, sold 22,664 shares of Class A common stock on March 1, 2025, to cover tax withholding obligations.
Summary
- Kelly L. Price, the former Chief Operating Officer of Solaris Energy Infrastructure, Inc. (SEI), reported a transaction involving the sale of Class A Common Stock.
- On March 1, 2025, Price sold 22,664 shares at a price of $34.15 per share.
- This sale was to satisfy tax withholding obligations related to the vesting of previously granted Restricted Stock Awards.
- Following the transaction, Price still beneficially owns 271,519 shares of Class A common stock, including 67,121 shares from previously granted Restricted Stock Awards that remain subject to vesting.
Sentiment
Score: 5
Explanation: This is a routine transaction to cover tax obligations, so it's neutral in sentiment. It doesn't indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock sale transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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