[Form 4] Solaris Energy Infrastructure, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Solaris Energy Infrastructure, Inc. director and Chief Administrative Officer Cynthia M. Durrett reported equity compensation and related tax withholding on Class A common stock. She received a 21,444-share Restricted Stock Award that vests in three equal annual installments and 28,871 shares from the vesting and settlement of multiple performance-based restricted stock unit awards tied to prior performance goals.
To cover tax obligations on these vestings, 26,940 shares were withheld by the company at $49.63 per share. After these transactions, she directly held 154,527 shares of Class A common stock, including 63,581 unvested restricted shares. She also directly holds Solaris Energy Infrastructure, LLC units and matching Class B common stock, which carry voting rights but no economic rights and are exchangeable with the LLC units into Class A shares under the Solaris LLC agreement.
Positive
- None.
Negative
- None.
Insights
Routine equity awards and tax withholding with no clear thesis change.
Cynthia M. Durrett’s Form 4 reflects standard long-term incentive activity at Solaris Energy Infrastructure, Inc. She received 21,444 restricted shares and 28,871 performance-based shares that vested based on previously defined goals under the company’s long term incentive plan.
The company withheld 26,940 shares at
The filing also notes direct holdings of Solaris Energy Infrastructure, LLC units and corresponding Class B shares that are exchangeable into Class A stock under the Solaris LLC agreement, indicating an additional potential equity stake. Overall, these actions appear to be routine compensation and tax events rather than a discretionary open-market buy or sell.