J Turbines, Inc. - 28 Jul 2025 Form 4 Insider Report for Solaris Energy Infrastructure, Inc. (SEI)

Reporting relationship: 10%+ Owner
Issuer ticker: SEI
Reported as of: 28 Jul 2025
Net transaction value: -$121,200,000
SEC form: 4
Accepted by SEC: 30 Jul 2025, 16:59:14 UTC
Prior SEC filing: 05 Jun 2025
Source filing: View source filing
Reporting owner signature: J Turbines, Inc. By: /s/ Christopher M. Powell

Key filing fact

J Turbines, Inc. filed Form 4 for Solaris Energy Infrastructure, Inc. (SEI) on 30 Jul 2025.

Key facts

This page summarizes J Turbines, Inc.'s Form 4 filing for Solaris Energy Infrastructure, Inc. (SEI).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 30 Jul 2025, 16:59.

Change

Previous filing in this sequence was filed on 05 Jun 2025.
Current net transaction value: -$121,200,000.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002036326 Primary reporting owner

J Turbines, Inc.

Relationship: 10%+ Owner
Address: 2929 BUFFALO SPEEDWAY, A1204, HOUSTON
Signature: J Turbines, Inc. By: /s/ Christopher M. Powell
Signature date: 29 Jul 2025

CIK 0002036656

Johnson John Abraham

Relationship: 10%+ Owner
Address: 2929 BUFFALO SPEEDWAY, A1204, HOUSTON
Signature: /s/ Chistopher M. Powell, Attorney-in-Fact
Signature date: 29 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SEI transaction

Class B Common Stock

Other

Transaction value: $0
Shares: -4,000,000
Change %: -65%
Price: $0.000000
Shares after: 2,114,783
Date: 28 Jul 2025
Ownership: Direct
Footnotes: F1, F2, F3, F4

SEI transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +4,000,000
Change %
Price: $0.000000
Shares after: 4,000,000
Date: 28 Jul 2025
Ownership: Direct
Footnotes: F2, F4

SEI transaction

Class A Common Stock

Sale

Transaction value: $121,200,000
Shares: -4,000,000
Change %: -100%
Price: $30.30
Shares after: 0
Date: 28 Jul 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SEI transaction Derivative

Solaris Energy Infrastructure, LLC Units

Conversion of derivative security

Transaction value: $0
Shares: -4,000,000
Change %: -65%
Price: $0.000000
Shares after: 2,114,783
Date: 28 Jul 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,000,000
Exercise price
Footnotes: F2, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

J Turbines, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Each share of Class B common stock, par value $0.00 per share ("Class B common stock") of Solaris Energy Infrastructure, Inc. (the "Issuer") has no economic rights but entitles the holder to one vote on all matters to be voted on by the stockholders generally.

Footnote F2

Subject to the terms of the Second Amended and Restated Limited Liability Company Agreement of Solaris Energy Infrastructure, LLC ("Solaris LLC"), dated as of May 11, 2017, as amended from time to time, included as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC") on May 17, 2017, units of Solaris LLC ("Solaris LLC Units") (together with a corresponding number of shares of the Issuer's Class B common stock) are exchangeable from time to time for shares of the Issuer's Class A common stock, par value $0.01 per share ("Class A common stock"). The shares of Class B common stock reported herein were cancelled for no consideration on a one-for-one basis upon the redemption by the reporting persons of its Solaris LLC Units (together with a corresponding number of shares of Class B common stock) for the shares of Class A common stock reported herein.

Footnote F3

Includes securities received in connection with transactions contemplated by the Contribution Agreement, dated July 9, 2024, by and among the Issuer, Solaris LLC, John A. Johnson, John Tuma, J Turbines and KTR Management Company, LLC ("KTR"), a Texas limited liability company. On September 11, 2024, J Turbines and KTR each received, among other things, 8,114,783 shares of the Issuer's Class B common stock, together with a corresponding number of Solaris LLC Units in exchange for all of the issued and outstanding equity interests of Mobile Energy Rentals LLC, a Texas limited liability company, as more fully described in the Schedule 13D filed by the reporting persons with the SEC on September 13, 2024.

Footnote F4

Represents securities held directly by J Turbines. John A. Johnson owns all of the issued and outstanding equity interests of J Turbines and has the sole authority to vote or dispose of the shares held by J Turbines in his sole discretion. Mr. Johnson may therefore be deemed to beneficially own the securities of the Issuer held directly by J Turbines.

Footnote F5

After giving effect to the disposition reported herein, the Reporting Persons ceased to be a 10% Owner and are no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended.