Solaris Energy Infrastructure (SEI) co-CEO receives 135,000-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brock Amanda M reported acquisition or exercise transactions in this Form 4 filing.
Solaris Energy Infrastructure, Inc. reported that Co-Chief Executive Officer Amanda M. Brock received a grant of 135,000 shares of Class A common stock as a restricted stock award at a price of $0.00 per share.
The award was granted under the Solaris Energy Infrastructure, Inc. Long Term Incentive Plan and vests in three equal annual installments on the first three anniversaries of the grant date. After this grant, Brock directly holds 276,080 shares of Class A common stock, which includes 260,000 shares from earlier restricted stock awards that are still subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brock Amanda M
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 135,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 276,080 shares (Direct)
Footnotes (1)
- Restricted Stock Award pursuant to the Solaris Energy Infrastructure, Inc. Long Term Incentive Plan. The award vests in three equal annual installments on the first three anniversaries of the grant date. Includes 260,000 shares of Class A common stock from previously granted Restricted Stock Awards that remain subject to vesting.
FAQ
What insider transaction did SEI report for Amanda M. Brock?
Solaris Energy Infrastructure, Inc. reported that Co-Chief Executive Officer Amanda M. Brock received a restricted stock award of 135,000 Class A shares. The shares were granted at a price of $0.00 per share as equity compensation under the company’s Long Term Incentive Plan.
What are the vesting terms of Amanda M. Brock’s new SEI restricted stock award?
The 135,000-share restricted stock award to Amanda M. Brock vests in three equal annual installments. Vesting occurs on each of the first three anniversaries of the grant date, tying the equity compensation to continued service over that multi-year period.
Under which plan was the SEI restricted stock granted to Amanda M. Brock?
The restricted stock granted to Amanda M. Brock was issued pursuant to the Solaris Energy Infrastructure, Inc. Long Term Incentive Plan. This plan provides equity-based compensation, such as restricted stock awards, designed to align executive interests with long-term shareholder value.