Solaris Energy (SEI) CAO receives stock awards and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solaris Energy Infrastructure, Inc. Chief Accounting Officer Christopher P. Wirtz reported equity compensation-related transactions in Class A common stock. On March 1, 2026, he acquired 3,296 shares through a restricted stock award that vests in three equal installments over three years and 1,814 shares upon vesting and settlement of performance-based restricted stock units granted under the company’s Long Term Incentive Plan. To cover tax withholding obligations tied to vesting of these awards, 2,206 shares were withheld at a price of $49.63 per share, resulting in direct ownership of 36,785 shares of Class A common stock, including 17,791 unvested restricted shares that remain subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wirtz Christopher P.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,296 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 1,814 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,206 | $49.63 | $109K |
Holdings After Transaction:
Class A Common Stock — 37,177 shares (Direct)
Footnotes (1)
- Restricted Stock Award granted pursuant to the Solaris Energy Infrastructure, Inc. Long Term Incentive Plan on the date indicated. The award vests in three equal installments on the first three anniversaries of the grant date. Reflects the vesting and settlement of shares that relate to multiple Performance-Based Restricted Stock Unit (PSU) awards granted pursuant to the Solaris Energy Infrastructure, Inc. Long Term Incentive Plan. The PSUs which were originally granted on March 1, 2024 and March 1, 2025 vested and were settled based on the Issuer's level of achievement with respect to the applicable performance goals. Represents shares withheld by the Company to satisfy tax withholding obligations upon the vesting of previously granted Restricted Stock Awards and Performance-Based Restricted Stock Awards. Includes 17,791 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
FAQ
What insider transactions did SEI Chief Accounting Officer Christopher Wirtz report?
Christopher Wirtz reported equity compensation-related transactions involving Class A common stock. He received restricted stock and performance-based share settlements, and had shares withheld to cover tax obligations, reflecting routine long-term incentive plan activity rather than open-market buying or selling.
What is the vesting schedule for the new SEI restricted stock award to the CAO?
The restricted stock award of 3,296 SEI shares vests in three equal annual installments. Vesting occurs on each of the first three anniversaries of the March 1, 2026 grant date, aligning the Chief Accounting Officer’s compensation with longer-term company performance.
What performance-based awards were involved in the SEI CAO’s March 1, 2026 transactions?
The filing references performance-based restricted stock unit awards originally granted on March 1, 2024 and March 1, 2025. These PSUs vested and settled into shares based on Solaris Energy Infrastructure’s achievement of specified performance goals under its Long Term Incentive Plan.