Key facts
- This page summarizes David N. Capobianco's Form 4 filing for WaterBridge Infrastructure LLC (WBI).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 08 May 2026, 18:00.
David N. Capobianco - 06 May 2026 Form 4 Insider Report for WaterBridge Infrastructure LLC (WBI)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- WBI
- Reported as of
- 06 May 2026
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 08 May 2026, 18:00:07 UTC
- Prior SEC filing
- 20 Nov 2025
- Next SEC filing
- 22 Jun 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Scott McNeely, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David N. Capobianco filed Form 4 for WaterBridge Infrastructure LLC (WBI) on 08 May 2026.
Change
- Previous filing in this sequence was filed on 20 Nov 2025.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001298438
Primary reporting owner
Capobianco David N
- Relationship
- Director, 10%+ Owner
- Address
- C/O WATERBRIDGE INFRASTRUCTURE LLC, 5555 SAN FELIPE STREET, SUITE 1200, HOUSTON
- Signature
- /s/ Scott McNeely, Attorney-in-fact
- Signature date
- 08 May 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WBI
transaction
Class B Shares
Other
- Transaction value
- Shares
- -2,456,248
- Change %
- -4.2%
- Price
- $0.000000*
- Shares after
- 56,226,677
- Date
- 06 May 2026
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3, F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WBI
transaction
Derivative
OpCo Units
Other
- Transaction value
- Shares
- -2,456,248
- Change %
- -4.2%
- Price
- $0.000000*
- Shares after
- 56,226,677
- Date
- 06 May 2026
- Ownership
- See Footnotes
- Underlying class
- Class A Shares
- Underlying amount
- 2,456,248
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Reflects an in-kind distribution of OpCo Units and the corresponding Class B shares to certain members of NDB Holdings LLC ("NDB Holdings") and Desert Environmental Holdings LLC ("Desert Holdings") for no consideration.
Footnote F2
Following the transaction reported herein, includes (i) 11,063,925 Class B Shares held of record by WBR Holdings LLC ("WBR Holdings"), (ii) 39,668,328 OpCo Units and a corresponding number of Class B Shares held of record by NDB Holdings LLC and (iii) 5,494,224 OpCo Units and a corresponding number of Class B Shares held of record by Desert Holdings.
Footnote F3
WaterBridge Resources LLC is the managing member of WBR Holdings and is controlled by a board of managers consisting of four members. Funds controlled by Five Point Energy GP I LP ("GP I") indirectly beneficially own a majority of the capital interests in WaterBridge Resources LLC and have a right to appoint a majority of the members of the board of managers. Five Point Energy GP I LLC ("GP I LLC") is the sole general partner of GP I, and David N. Capobianco is the sole member of GP I LLC. As a result, each of WaterBridge Resources LLC, GP I, GP I LLC and Mr. Capobianco may be deemed to beneficially own the securities held by WBR Holdings. Each such entity and individual disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.
Footnote F4
WaterBridge NDB LLC is the managing member of NDB Holdings and is controlled by a board of managers consisting of four members. Funds controlled by Five Point Energy GP II LP ("GP II") and Five Point Energy GP III LP ("GP III") indirectly beneficially own a majority of the capital interests in NDB Holdings and have a right to appoint a majority of the members of the board of managers. Five Point Energy GP II LLC ("GP II LLC") is the sole general partner of GP II and Five Point Energy GP III LLC ("GP III LLC") is the sole general partner of GP III. David N. Capobianco is the sole member of each of GP II LLC and GP III LLC. As a result, each of GP II, GP III, GP II LLC, GP III LLC and Mr. Capobianco may be deemed to beneficially own the securities held by NDB Holdings. Each such entity and individual disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.
Footnote F5
Desert Holdings is controlled by a board of managers consisting of four members. Funds controlled by GP III indirectly beneficially own a majority of the capital interests in Desert Holdings and have a right to appoint a majority of the members of the board of managers of Desert Holdings. As a result, each of GP III, GP III LLC and Mr. Capobianco may be deemed to beneficially own the securities held by Desert Holdings. Each such entity and individual disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein, if any.
Footnote F6
Each OpCo Unit may be redeemed at the request of the holder for either Class A Shares on a one-to-one basis or for a cash payment, as determined by the OpCo LLC Agreement. Upon redemption of OpCo Units, an equal number of Class B Shares will be canceled. The OpCo Units do not expire.