SEI (SEI) Chief Accounting Officer sells 700 shares, holds 36,085
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solaris Energy Infrastructure, Inc. Chief Accounting Officer Christopher P. Wirtz reported an open-market sale of 700 shares of Class A common stock at $77.22 per share. After the sale, he directly owns 36,085 shares, including 17,791 restricted stock award shares that remain subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 700 shares ($54,054)
Net Sell
1 txn
Insider
Wirtz Christopher P.
Role
Chief Accounting Officer
Sold
700 shs ($54K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 700 | $77.22 | $54K |
Holdings After Transaction:
Class A Common Stock — 36,085 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 700 shares
Sale price: $77.22 per share
Shares owned after: 36,085 shares
+1 more
4 metrics
Shares sold
700 shares
Open-market sale of Class A Common Stock
Sale price
$77.22 per share
Price for the 700 sold shares
Shares owned after
36,085 shares
Direct Class A holdings following the transaction
Unvested restricted shares
17,791 shares
Restricted Stock Awards still subject to vesting
Key Terms
Class A Common Stock, open-market sale, Restricted Stock Awards, Form 4
4 terms
Class A Common Stock financial
"700 shares of Class A common stock were sold in the transaction."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"The transaction is described as an open-market sale of shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Restricted Stock Awards financial
"Includes 17,791 shares of Class A common stock from previously granted Restricted Stock Awards that remain subject to vesting."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Form 4 regulatory
"This insider transaction is reported on Form 4, a statement of changes in beneficial ownership."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SEI’s Chief Accounting Officer report?
SEI’s Chief Accounting Officer Christopher P. Wirtz reported selling 700 shares of Class A common stock in an open-market transaction at $77.22 per share. This Form 4 shows a relatively small sale compared with his remaining direct holdings after the transaction.
Was this SEI insider transaction a purchase or a sale?
This SEI insider transaction was a sale. The Form 4 shows an open-market sale of 700 shares of Class A common stock by Chief Accounting Officer Christopher P. Wirtz, with the transaction coded as “S” for sale and described as an open-market transaction.