WaterBridge awards director 4,536 RSUs

Director Janet Carrig received a restricted stock unit award that will vest in 2027, increasing her direct Class A equity stake in WaterBridge Infrastructure.

Available on EDGAR 09/22/2026 - 07:43 PM EDT Accepted by SEC EDGAR 09/22/2026 - 07:42 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

WaterBridge Infrastructure LLC (symbol: WBI) is the issuer of record for a Form 4 filing submitted to the SEC. Carrig Janet reported acquisition or exercise transactions in this Form 4 filing.

WaterBridge Infrastructure LLC (WBI) reported that director Janet Carrig received an equity compensation grant of 4,536 Class A Share equivalents on September 18, 2026, in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one Class A Share and will vest on September 18, 2027. Following this award, Carrig directly holds 11,036 Class A Shares, including the RSUs reported.

Insider Trade Summary

Grant/Award: 4,536 shares

Grant/Award 1 txn

Insider Carrig Janet

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Shares F1	4,536	$0.00	$0.00

Holdings After Transaction: Class A Shares — 11,036 shares (Direct)

Holdings Before and After: Class A Shares, 6,500 to 11,036 shares (Direct)

Footnotes (1)

1. F1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Class A Share. The RSUs will vest on September 18, 2027.

Key Figures

RSUs granted: 4,536 units Shares held after transaction: 11,036 Class A Shares Vesting date: September 18, 2027 +1 more

4 metrics

RSUs granted 4,536 units Restricted stock unit award to director on September 18, 2026

Shares held after transaction 11,036 Class A Shares Direct holdings of Janet Carrig after the RSU grant

Vesting date September 18, 2027 Date when the 4,536 RSUs vest into Class A Shares

Transaction price per RSU $0.00 per unit Compensation grant; no cash price reported for RSUs

Key Terms

restricted stock units, RSUs, contingent right, Class A Shares

4 terms

restricted stock units financial

"Represents an award of restricted stock units ("RSUs")."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Each RSU represents a contingent right to receive one Class A Share."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

contingent right financial

"Each RSU represents a contingent right to receive one Class A Share."

Class A Shares financial

"Each RSU represents a contingent right to receive one Class A Share."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did WBI director Janet Carrig report on this Form 4?

Janet Carrig reported an equity compensation grant of 4,536 restricted stock units (RSUs) on September 18, 2026, each representing a contingent right to receive one Class A Share of WaterBridge Infrastructure LLC.

How many WBI Class A Shares did Janet Carrig hold after this reported grant?

After the reported RSU grant, Janet Carrig directly held 11,036 Class A Shares of WaterBridge Infrastructure LLC, which includes the 4,536 RSUs disclosed in this Form 4.

When do Janet Carrig’s WBI restricted stock units vest?

The 4,536 restricted stock units granted to Janet Carrig vest on September 18, 2027. Each RSU then entitles her to receive one Class A Share of WaterBridge Infrastructure LLC, subject to the award terms.

Was the WBI Form 4 transaction a market purchase or sale?

No market trade was reported. The Form 4 shows a grant or award acquisition of 4,536 RSUs with a reported price of $0.00 per unit, indicating compensation rather than an open-market purchase or sale.

Does the WBI Form 4 indicate use of a Rule 10b5-1 trading plan?

No. The document-level indication for WaterBridge Infrastructure LLC is that the Rule 10b5-1 checkbox is not affirmed, and the footnote for this RSU grant does not reference any trading plan.

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

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carrig Janet

(Last) (First) (Middle)

C/O WATERBRIDGE INFRASTRUCTURE LLC

5555 SAN FELIPE STREET, SUITE 1200

(Street)

HOUSTON TEXAS 77056

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WaterBridge Infrastructure LLC [ WBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Shares	09/18/2026		A		4,536(1)	A	$0	11,036	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Class A Share. The RSUs will vest on September 18, 2027.

	/s/ Scott L. McNeely, Attorney-In-Fact	09/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)