WBI (WBI) affiliates file Form 144 proposing multimillion-dollar Class A share sales

Rhea-AI Filing Summary

WBI filed Form 144 notices reporting proposed sales of Class A shares by affiliated holders. The excerpt lists proposed dispositions dated 06/22/2026, including WBR Holdings LLC offering 1,430,814 shares for $42,995,960.70, Desert Environmental Holdings LLC offering 543,064 shares for $16,319,073.20, and Devon WB Holdco L.L.C. offering 1,755,174 shares for $52,742,978.70. The notices reference Class A shares in connection with a corporate reorganization and initial public offering dated 09/18/2025. The filings provide proposed sale quantities and dollar amounts by seller; timing and sales methods beyond the listed dates are not detailed in the excerpt.

Insights

Securities Attorney

Form 144 notices report proposed resale quantities and dollar amounts by affiliated holders.

The excerpt lists proposed dispositions by named holders with exact share counts and aggregate proceeds: $42,995,960.70, $16,319,073.20, and $52,742,978.70 on 06/22/2026. These are notification filings reflecting intended sales under applicable resale rules.

Execution mechanics, selling methods, and whether sales occurred are not shown; subsequent filings or broker reports would confirm completion. Future disclosures may provide transaction details in resale reports or Form 4s if applicable.

Key Figures

Form date: 06/22/2026 WBR Holdings proposed shares: 1,430,814 shares WBR Holdings aggregate amount: $42,995,960.70 +5 more

8 metrics

Form date 06/22/2026 Notice dates for proposed sales in the excerpt

WBR Holdings proposed shares 1,430,814 shares Proposed resale reported on Form 144

WBR Holdings aggregate amount $42,995,960.70 Aggregate dollar amount listed for WBR Holdings proposed sale

Desert Environmental proposed shares 543,064 shares Proposed resale reported on Form 144

Desert Environmental aggregate amount $16,319,073.20 Aggregate dollar amount listed for Desert Environmental proposed sale

Devon WB Holdco proposed shares 1,755,174 shares Proposed resale reported on Form 144

Devon WB Holdco aggregate amount $52,742,978.70 Aggregate dollar amount listed for Devon WB Holdco proposed sale

IPO/reorg reference 09/18/2025 Date linked to corporate reorganization and initial public offering

Key Terms

Form 144, Class A shares, initial public offering

3 terms

Form 144 regulatory

"Form 144 notices reporting proposed sales of Class A shares"

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 being offered for resale by each holder"

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.

initial public offering regulatory

"Corporate reorganization and initial public offering dated 09/18/2025"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

FAQ

What does WBI's Form 144 filing mean for shareholders?

It signals affiliated holders notified intent to sell previously restricted Class A shares. The excerpt lists proposed sale quantities and dollar amounts by specific entities dated 06/22/2026, but does not confirm completed transactions or sales methods.

Which holders are named in the WBI Form 144 excerpt?

Named sellers include WBR Holdings LLC, Desert Environmental Holdings LLC, and Devon WB Holdco L.L.C.. Each line shows the number of Class A shares and the aggregate dollar amount associated with the proposed sale.

How many shares and value did WBR Holdings propose to sell in the filing?

WBR Holdings LLC is shown proposing 1,430,814 shares with an aggregate amount of $42,995,960.70 in the excerpt dated 06/22/2026. The filing is a notice of proposed sale, not proof of completion.

Are the proposed sales tied to WBI's IPO or reorganization?

The excerpt references a corporate reorganization and initial public offering dated 09/18/2025. The Form 144 lines show Class A shares in that context, linking the proposed resales to the post-IPO capital structure described.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/22/2026 - 07:39 PM Accepted by SEC EDGAR 06/22/2026 - 07:38 PM Learn about SEC filing dates

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	3920948	130136264.12	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			41425200	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
WBR Holdings LLC 5555 San Felipe Street, Suite 1200 Houston TX 77056	Class A Shares	06/22/2026	1430814	42995960.70
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)