Chase Valerie 4

What Happened

• Valerie Chase, a director of WaterBridge Infrastructure LLC (WBI), was granted 2,830 restricted stock units (RSUs) on April 13, 2026. The award is recorded at $0.00 per unit (no cash purchase); total immediate cash value reported = $0.
• Each RSU represents a contingent right to receive one Class A share. The RSUs vest on the first anniversary of the IPO date (IPO was Sept 18, 2025), i.e., vesting occurs on Sept 18, 2026. This is a grant/compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-13; Form 4 filed: 2026-04-15 (timely filing).
• Award: 2,830 RSUs @ $0.00 (reported as acquisition via award).
• Shares owned after the transaction: not specified in the summary data provided in this result.
• Footnote: F1 — RSUs represent contingent rights to one Class A share each; vesting on the first anniversary of the IPO (Sept 18, 2026).
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context

• RSU grants are a common equity-compensation tool for executives and directors; they vest later and convert into shares only if vesting conditions are met. Such awards signal compensation alignment with shareholders but are not direct open-market purchases that indicate immediate personal investment.