Solaris Energy Infrastructure, Inc.·4

Mar 3, 5:51 PM ET

Powell Christopher M 4

Research Summary

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Solaris (SEI) CLO Christopher Powell Receives Stock Awards

What Happened
Christopher M. Powell, Chief Legal Officer of Solaris Energy Infrastructure, received stock awards on March 1, 2026 totaling 47,888 shares (18,165 and 29,723 shares) granted at $0.00 per share. At the same time, 27,534 shares were withheld/disposed at $49.63 per share to satisfy tax withholding obligations, representing $1,366,512 withheld.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026.
  • Awards granted (code A): 18,165 shares and 29,723 shares at $0.00 (total 47,888 shares).
  • Shares disposed (code F for tax withholding): 27,534 shares @ $49.63, proceeds/value $1,366,512 (shares withheld to cover taxes).
  • Shares owned after transaction: total post-transaction ownership not specified in the filing; filing notes 58,447 Class A shares remain subject to vesting from prior awards (per footnote F4).
  • Notable footnotes:
    • F1: Restricted Stock Awards vest in three equal installments on the first three anniversaries of the grant.
    • F2: Reflects vesting/settlement of multiple Performance-Based RSUs granted March 1 of 2023, 2024 and 2025, settled based on performance achievement.
    • F3: The 27,534-share disposition represents shares withheld by the company to satisfy tax withholding.
  • Filing timeliness: filed two days after the transaction date; filing does not indicate a late filing.

Context
This was primarily an award/vesting event, not an open-market sale or a purchase. The withheld shares are a routine corporate action to meet tax obligations upon vesting (a “sell-to-cover” style withholding), and the PSUs reflect performance-based settlements from prior years. Such tax-withholding dispositions are common and do not by themselves indicate insider buying or selling intent.