ARIS Form 4: Director disposes 124,906 shares; RSUs at $25
Aris Water Solutions (ARIS) reported an insider transaction tied to its merger closing.
Rhea-AI Filing Summary
Aris Water Solutions (ARIS) reported an insider transaction tied to its merger closing. A director filed a Form 4 showing the disposition of 124,906 shares of Class A common stock on 10/15/2025, leaving 0 shares owned directly afterward.
Per the merger agreement with Western Midstream Partners, LP, each share was converted into consideration elected by the holder: $7.00 in cash and 0.450 Parent Common Units, or $25.00 in cash, or 0.625 Parent Common Units. The filing also notes 5,901 RSU shares were cashed out at $25.00 per share plus accrued cash-based dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 124,906 | $0.00 | $0.00 |
Footnotes (3)
- F1. As of the effective time (the "Effective Time") of the transactions contemplated by the Agreement and Plan of Merger entered into on August 6, 2025, by and among the Issuer, Western Midstream Partners, LP ("Parent"), Arrakis OpCo Merger Sub LLC, Arrakis Holdings Inc., Arrakis Unit Merger Sub LLC, Arrakis Cash Merger Sub LLC and Aris Water Holdings LLC, each issued and outstanding share of the Issuer's Class A common stock, par value $0.01 per share ("Issuer Class A Common Stock") held by the Reporting Person as of immediately prior to the Effective Time, was converted into the right to receive, pursuant to an election made by the Reporting Person, one of the following forms of consideration:
- F2. cont'd from Footnote 1: (i) $7.00 in cash (without interest) and 0.450 common units representing limited partnership interests in Parent ("Parent Common Units"); (ii) $25.00 in cash (without interest); (iii) 0.625 Parent Common Units ("Common Unit Election Consideration"), or (iv) in the event of the Reporting Person's failure to timely deliver an election, the Common Unit Election Consideration.
- F3. This amount includes 5,901 shares of Issuer Class A Common Stock subject to awards of time-vesting restricted stock units ("Issuer RSU Awards") held by the Reporting Person. At the Effective Time, each Issuer RSU Award was converted into the right to receive an amount in cash equal to (i) the total number of shares of Issuer Class A Common Stock subject to such Issuer RSU Award, multiplied by (ii) $25.00, plus an additional amount in cash equal to any accrued but unpaid cash-based dividend equivalents.
FAQ
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