Form 4: Yorktown Energy Partners X, L.P. Sells 975,000 Shares of Solaris Energy Infrastructure, Inc. (SEI) in Public Offering

Yorktown Energy Partners X, L.P. disposed of 975,000 shares of Solaris Energy Infrastructure, Inc. Class A common stock at $24.0075 per share following the exercise of an underwriter option in a public offering.

Summary

• On December 16, 2024, Yorktown Energy Partners X, L.P. sold 975,000 shares of Solaris Energy Infrastructure, Inc.'s Class A common stock.
• The sale occurred as part of the underwriters' exercise of their option to purchase additional shares in a public offering.
• The shares were sold at a net price of $24.0075 per share, after deducting underwriting discounts and commissions of $0.7425 per share from the public price of $24.75.
• Yorktown Energy Partners X, L.P. also cancelled 975,000 shares of Class B common stock for no consideration upon redemption of Solaris LLC Units for Class A common stock.
• Following the transaction, Yorktown Energy Partners X, L.P. continues to beneficially own 7,079,234 shares of Class B Common Stock and 7,079,234 Solaris Energy Infrastructure, LLC Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports a transaction related to a previously announced public offering. There are no explicit positive or negative indicators, and the transaction appears to be a standard part of the offering process.

Industry Context

This transaction reflects ongoing activity in the energy infrastructure sector, with companies adjusting their capital structures and major shareholders managing their positions following public offerings.

Stakeholder Impact

• The sale of shares could have a minor impact on shareholders due to the increased supply of shares in the market.
• The transaction does not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates