Solaris Energy (SEI) legal chief logs stock awards and tax share withholding
Rhea-AI Filing Summary
Solaris Energy Infrastructure, Inc. Chief Legal Officer Christopher M. Powell reported equity compensation transactions in Class A common stock. On March 1, 2026, he acquired 18,165 shares as a restricted stock award and 29,723 shares from performance-based restricted stock units, both at a price of $0.00 per share under the company’s Long Term Incentive Plan.
On the same date, 27,534 shares were disposed of at $49.63 per share, representing shares withheld by the company to cover tax obligations tied to the vesting of restricted and performance-based awards. After these transactions, Powell directly owned 150,969 shares of Class A common stock, including 58,447 shares that remain subject to future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,165 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 29,723 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 27,534 | $49.63 | $1.37M |
Footnotes (4)
- F1. 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.
- F2. 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, 2023, 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.
- F3. 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.
- F4. Includes 58,447 shares of Class A common stock subject to previously granted Restricted Stock Awards that remain subject to vesting.
FAQ
What insider transactions did SEI’s Chief Legal Officer report on this Form 4?
What is the vesting schedule for the new SEI restricted stock award?
How were the performance-based SEI stock units determined and settled?
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