KEENAN W HOWARD JR sold 1M shares of ARIS WATER SOLUTIONS, INC. on the open market

Open‑market sale worth $27.70M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

KEENAN W HOWARD JR

Filed: 3/19/2025ACC: 0001140361-25-009503

InsiderKEENAN W HOWARD JRCIK 1370287

→

IssuerARIS WATER SOLUTIONS, INC.CIK 1865187

Director

Since Oct 2021

-2M

Net shares

Net seller

$27.70M

Total sold

Open market trades

0B · 1S

Total transactions

1M acquired · 3M disposed

Non-Derivative Transactions3

Class A Common Stock

Indirect

C · Conversion

+1M

Price / share

—

Trade value

—

% of position

New position

3/17/2025

0.00→1M

Class A Common Stock

Indirect

S · Sale

−1M

Price / share

$27.70

Trade value

$27.70M

% of position

New position

3/17/2025

1M→0.00

Class B Common Stock

Indirect

J · J

−1M

Price / share

—

Trade value

—

% of position

9.7%

3/17/2025

10.30M→9.30M

Total

Net shares

−1M

Net value

-$27.70M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Indirect	3/17/2025	C · Conversion	+1M	—	—	New position	0.00	1M
Class A Common Stock Indirect	3/17/2025	S · Sale	−1M	$27.70	$27.70M	New position	1M	0.00
Class B Common Stock Indirect	3/17/2025	J · J	−1M	—	—	9.7%	10.30M	9.30M
Total			−1M		-$27.70M

Derivative Transactions1

Solaris Midstream Holdings, LLC Units

Indirect

C · Conversion

Converts to

Class A Common Stock

9.30M shares

−1M

Strike price

Held after

9.30M

Exercisable

—

3/17/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Solaris Midstream Holdings, LLC Units Indirect	Class A Common Stock9.30M shares	3/17/2025	C · Conversion	−1M	0	—	9.30M

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Direct

Shares owned30.06K

Total

30.06K direct30.06K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	30.06K	Direct
Total	30.06K	30.06K direct

Derivative Holdings (Post-Transaction)0

No derivative holdings reported