Form 4: Solaris Oilfield Infrastructure Director James R. Burke Reports Acquisition of Class A Common Stock

Director James R. Burke reports acquisition of 12,372 shares of Class A Common Stock in Solaris Oilfield Infrastructure, Inc.

Summary

• On August 23, 2024, James R. Burke, a director of Solaris Oilfield Infrastructure, Inc. (SOI), acquired 12,372 shares of Class A Common Stock.
• The acquisition was a Restricted Stock Award pursuant to the Solaris Oilfield Infrastructure, Inc. Long Term Incentive Plan.
• The award vests in full on the first anniversary of the grant date.
• Following the transaction, Burke directly owns 24,277 shares of Class A Common Stock, which includes 12,372 shares subject to vesting.
• Burke also directly owns 42,734 shares of Class B Common Stock.
• These Class B shares have no economic rights but entitle the holder to one vote on all matters voted on by stockholders.
• Burke also holds 42,734 Solaris Oilfield Infrastructure, LLC Units, which are exchangeable for Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares suggests confidence, but it's a relatively small amount and part of a standard compensation plan.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock award vests in full on the first anniversary of the grant date.

Industry Context

This filing reflects insider activity, which is common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates