WaterBridge Infrastructure (WBI) grants 29,886 RSUs to executive VP

Rhea-AI Filing Summary

Bolling Harrison Fenner reported acquisition or exercise transactions in this Form 4 filing.

WaterBridge Infrastructure LLC reported that Executive VP and GC Bolling Harrison Fenner received an award of 29,886 restricted stock units (RSUs), each representing a contingent right to one Class A Share. The RSUs vest as to 1/5 of the underlying shares on each of the first five anniversaries of July 8, 2026. Following this grant, Fenner directly holds 101,886 Class A Shares, including the awarded RSUs.

Insider Trade Summary

Net Buyer: 29,886 shares

Net Buy 1 txn

Insider Bolling Harrison Fenner

Role Executive VP and GC

Type	Security	Shares	Price	Value
Grant/Award	Class A Shares F1	29,886	$0.00	$0.00

Holdings After Transaction: Class A Shares — 101,886 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 as to 1/5 of the underlying shares on each of the first five (5) anniversaries of July 8, 2026.

Key Figures

RSU award size: 29,886 Class A Share-equivalent RSUs Shares held after transaction: 101,886 Class A Shares Award price per share: $0.0000 per Class A Share +1 more

4 metrics

RSU award size 29,886 Class A Share-equivalent RSUs Grant to Executive VP and GC Bolling Harrison Fenner on 2026-08-04

Shares held after transaction 101,886 Class A Shares Direct holdings by Bolling Harrison Fenner following the RSU award

Award price per share $0.0000 per Class A Share Equity compensation grant with no cash purchase price

Vesting pattern 1/5 of underlying shares on each of first five anniversaries of July 8, 2026 Time-based vesting schedule for the RSU award

Key Terms

restricted stock units ("RSUs"), contingent right, Class A Share

3 terms

restricted stock units ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

contingent right financial

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

Class A Share financial

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

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/06/2026 - 05:06 PM Accepted by SEC EDGAR 08/06/2026 - 05:06 PM Learn about SEC filing dates

FAQ

What insider equity award did WaterBridge Infrastructure (WBI) report for Bolling Harrison Fenner?

WaterBridge Infrastructure reported that Executive VP and GC Bolling Harrison Fenner received an award of 29,886 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Class A Share, increasing his reported direct Class A position to 101,886 shares after the grant.

How many WaterBridge Infrastructure (WBI) Class A Shares does Fenner hold after this Form 4 transaction?

After the reported RSU award, Bolling Harrison Fenner directly holds 101,886 Class A Shares. This figure includes the 29,886 RSUs reported, with each RSU representing a contingent right to receive one Class A Share under the award’s vesting terms.

What is the vesting schedule for the 29,886 RSUs disclosed by WaterBridge Infrastructure (WBI)?

The 29,886 RSUs will vest as to 1/5 of the underlying shares on each of the first five anniversaries of July 8, 2026. This creates a five-year vesting period, with equal portions of the award becoming eligible for settlement each year.

Was the WBI Form 4 transaction reported under a Rule 10b5-1 trading plan?

The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan, as the document-level checkbox affirming Rule 10b5-1 status is not marked as true for this filing and no related footnote describes a trading plan.

What type of Form 4 transaction is reported for WBI’s Executive VP and GC?

The filing reports a grant or award acquisition (transaction code A) of non-derivative Class A equity via 29,886 RSUs. There is no purchase price; it is an equity compensation award rather than an open-market buy or sell transaction.

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^*

Bolling Harrison Fenner

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP and GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

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	08/04/2026		A		29,886(1)	A	$0	101,886	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 as to 1/5 of the underlying shares on each of the first five (5) anniversaries of July 8, 2026.

	/s/ Scott McNeely, Attorney-In-Fact	08/06/2026
	** 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)