[Form 4] Solaris Oilfield Infrastructure, Inc. Insider Trading Activity
Insider purchase by the Chairman/CEO of Solaris Energy Infrastructure, Inc. The filing shows that William A. Zartler, who is Chairman, CEO, a director and a 10% owner, purchased 10,000 shares of Class A common stock on 09/09/2025 at a weighted average price of $24.83 per share. After the transaction he directly beneficially owns 1,049,227 shares of Class A common stock and directly owns 726,819 Class B shares plus indirectly 3,513,496 Class B shares through Solaris Energy Capital. The filing notes 450,381 Class A shares are restricted and subject to vesting. Solaris LLC units are exchangeable for Class A shares under the Solaris LLC Agreement.
- Insider purchase: Chairman/CEO acquired 10,000 Class A shares at a weighted average of $24.83, showing additional insider buying.
- Substantial insider ownership: Reporting person beneficially owns 1,049,227 Class A shares and large Class B holdings, indicating aligned management ownership.
- Small transaction size: 10,000 shares is modest relative to the reporting person’s total holdings and likely immaterial to valuation.
- Restricted shares: 450,381 Class A shares remain subject to vesting, limiting immediate liquidity of a portion of insider holdings.
Insights
TL;DR: Chairman/CEO executed a small open-market purchase; ownership structure includes significant indirect holdings via affiliated entities.
The purchase of 10,000 Class A shares by the Chairman and CEO on 09/09/2025 at $24.83 is a routine open-market acquisition that modestly increases his direct economic exposure. The reporting person retains large existing stakes: over 1.0 million Class A shares including restricted awards and multi-million Class B holdings, some held indirectly through Solaris Energy Capital. The disclosure clarifies voting and pecuniary distinctions for Class B shares and provides customary disclaimers regarding indirect beneficial ownership. For governance, the mix of direct, restricted and indirect holdings consolidates control while reflecting standard executive compensation vesting schedules.
TL;DR: A leader bought a modest number of shares; transaction size is immaterial to market capitalization but signals continued insider participation.
The 10,000-share purchase at a weighted average of $24.80–$24.84 is small relative to the reporting person’s aggregate holdings (1,049,227 Class A beneficially owned after the trade plus Class B exposure). The filing discloses that 450,381 Class A shares remain subject to vesting, and that certain units are exchangeable into Class A shares, which could increase float over time. This Form 4 documents insider activity without indicating material changes to capital structure or control.