Solaris (SEI) Insider Sale: Burke Disposes 5,000 Class A Shares
Rhea-AI Filing Summary
James R. Burke, a director of Solaris Energy Infrastructure, Inc. (SEI), reported insider transactions dated 09/10/2025. He sold 5,000 shares of Class A common stock in multiple trades for a weighted average price of $29.22, leaving him with 16,973 Class A shares after the sale (which includes 5,696 restricted shares that remain subject to vesting). The filing also shows 800 Class A shares held indirectly by his spouse and 42,734 shares of Class B common stock disposed of, reported as direct holdings tied to Solaris Energy Infrastructure, LLC units that are exchangeable into Class A shares under the LLC agreement. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- None.
Negative
- Insider sale: Reporting person sold 5,000 Class A shares at a weighted average price of $29.22 on 09/10/2025.
Insights
TL;DR Insider sold a small block of Class A shares; remaining holdings include vested, restricted, and indirect positions.
This is a routine Section 16 disclosure showing a 5,000-share sale at a weighted average of $29.22, reducing direct Class A ownership to 16,973 shares including 5,696 unvested restricted shares. The filing also documents 800 Class A shares held indirectly by a spouse and disposition of 42,734 Class B shares tied to LLC units that can convert to Class A shares. For investors, this clarifies current insider ownership composition but does not, by itself, provide operational or financial performance information.
TL;DR Disclosure complies with Section 16 reporting; sale and LLC unit exchangeability are clearly documented.
The Form 4 identifies the reporting person as a director and discloses a sale executed on 09/10/2025 and related ownership balances. The filing includes required explanatory footnotes: the sale price is a weighted average across trades, restricted stock remains subject to vesting, and LLC units are exchangeable for Class A shares per the LLC agreement. The signature by an attorney-in-fact is properly indicated. The filing appears procedurally complete and transparent regarding the nature of holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,000 | $29.22 | $146K |
| holding | Solaris Energy Infrastructure, LLC Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $29.19 to $29.29 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Includes 5,696 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting. Each share of Class B common stock has no economic rights but entitles the holder to one vote on all matters to be voted on by the stockholders generally. Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Solaris Energy Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, as amended from time to time, included as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on May 17, 2017, the units in Solaris LLC (together with a corresponding number of shares of Class B common stock of the Issuer) are exchangeable from time to time for shares of Class A common stock of the Issuer.
