Affiliated holders signal Class A share sales — WBI (NYSE: WBI)

Rhea-AI Filing Summary

WBI-affiliated holders filed Form 144 notices to sell Class A shares. The filing lists proposed sales dated 06/22/2026, including examples shown: NDB Holdings LLC 3,920,948 shares, Desert Environmental Holdings LLC 543,064 shares, and Devon WB Holdco L.L.C. 1,755,174 shares. The excerpt also shows per-holder dollar amounts alongside each share count.

Insights

Securities Counsel

Form 144 notices report proposed reseller activity by affiliated holders.

These filings are administrative notices required when affiliates intend to sell restricted or control securities under resale rules. The excerpt lists per-holder proposed share amounts and corresponding dollar values dated 06/22/2026.

Timing, exact sale mechanics, and whether sales occur depend on market conditions and compliance with resale exemptions; subsequent filings will disclose actual transactions if executed.

Capital Markets Analyst

Notices show potential share supply from several affiliated holders.

The filing provides specific proposed sale sizes for three affiliates (example entries include 3,920,948, 543,064, and 1,755,174 shares). These are notices of intent, not confirmations of completed sales.

Market impact depends on whether and how holders execute; the excerpt does not state plan execution details or aggregate offering totals.

Key Figures

NDB Holdings proposed sale: 3,920,948 shares NDB Holdings dollar amount: $117,824,487.40 Desert Environmental proposed sale: 543,064 shares +3 more

6 metrics

NDB Holdings proposed sale 3,920,948 shares proposed sale dated 06/22/2026

NDB Holdings dollar amount $117,824,487.40 dollar amount shown next to 3,920,948 shares (06/22/2026)

Desert Environmental proposed sale 543,064 shares proposed sale dated 06/22/2026

Desert Environmental dollar amount $16,319,073.20 dollar amount shown next to 543,064 shares (06/22/2026)

Devon WB Holdco proposed sale 1,755,174 shares proposed sale dated 06/22/2026

Devon WB Holdco dollar amount $52,742,978.70 dollar amount shown next to 1,755,174 shares (06/22/2026)

Key Terms

Form 144, Class A shares, proposed sale

3 terms

Form 144 regulatory

"Filing header and multiple rows referencing proposed sales"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Class A shares financial

"Listed as the security class in each proposed sale row"

Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.

proposed sale regulatory

"Rows show dates and share counts as proposed sales on 06/22/2026"

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A shares	J.P. Morgan Securities LLC 270 Park Avenue, 5th Floor New York NY 10179	1430814	47488716.66	47016059	06/22/2026	NYSE / NYSE Texas

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Shares	09/18/2025	Corporate reorganization and initial public offering	Issuer			3411735	09/18/2025	See Remarks

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
NDB Holdings LLC 5555 San Felipe Street, Suite 1200 Houston TX 77056	Class A Shares	06/22/2026	3920948	117824487.40
Desert Environmental Holdings LLC 5555 San Felipe Street, Suite 1200 Houston TX 77056	Class A Shares	06/22/2026	543064	16319073.20
Devon WB Holdco L.L.C. 333 West Sheridan Avenue Oklahoma City OK 73102	Class A Shares	06/22/2026	1755174	52742978.70

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)