WaterBridge Infrastructure LLC 8-K

What Happened WaterBridge Infrastructure LLC (NYSE: WBI; NYSE TX: WBI) announced on April 13, 2026 that the Board appointed Valerie Chase as an independent director, effective the same date, with a term expiring at the Company’s 2026 annual meeting. The Board also named Ms. Chase Chair of the Audit Committee; she replaces Kara Goodloe Harling on the Audit Committee, while Ms. Goodloe Harling will remain a Board member. Ms. Chase brings more than 20 years of finance and accounting experience, including roles at Apache Corporation (2010–2018) and as VP, Chief Accounting Officer & Controller of Magnolia Oil & Gas (2018–2021).

Key Details

• Appointment date: April 13, 2026; term expires at the 2026 annual meeting of shareholders.
• Independence: Board determined Ms. Chase is an “independent director” under NYSE/NYSE Texas and SEC rules.
• Compensation: 2,830 restricted stock units (RSUs) vesting on September 18, 2026; $100,000 annual cash retainer; +$10,000 annual retainer for Audit Committee membership; +$10,000 annual retainer for Audit Committee Chair — paid quarterly in advance and prorated for partial quarters.
• Background & credentials: Bachelor of Economics and Master of Accounting (University of Michigan); Certified Public Accountant (Texas); leadership experience in accounting policy, financial controls, and public company accounting.
• Governance: Company entered into an indemnification agreement dated April 13, 2026 to indemnify and advance expenses consistent with prior forms; no reportable relationships or transactions requiring Item 404 disclosure.

Why It Matters Appointing an experienced, independent audit committee chair directly impacts oversight of the company’s financial reporting, accounting policies and internal controls—areas material to investors assessing financial integrity and risk. The compensation and indemnification terms are standard for non-employee directors and represent a near-term non-cash equity grant plus ongoing cash costs the company will incur for governance. The filing does not indicate any conflicts or related-party transactions tied to Ms. Chase’s appointment.