DEVON ENERGY CORP/DE - 17 Sep 2025 Form 3 Insider Report for WaterBridge Infrastructure LLC (WBI)

Reporting relationship: 10%+ Owner
Issuer ticker: WBI
Reported as of: 17 Sep 2025
Net transaction value: $0
SEC form: 3
Accepted by SEC: 17 Sep 2025, 18:34:11 UTC
Next SEC filing: 12 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey L. Ritenour, Executive Vice President and Chief Financial Officer of Devon Energy Corporation

Key filing fact

DEVON ENERGY CORP/DE filed Form 3 for WaterBridge Infrastructure LLC (WBI) on 17 Sep 2025.

Key facts

This page summarizes DEVON ENERGY CORP/DE's Form 3 filing for WaterBridge Infrastructure LLC (WBI).
0 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Sep 2025, 18:34.

Change

No earlier filing in this sequence is available for direct comparison.
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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reporting Owners (2)

CIK 0001090012 Primary reporting owner

DEVON ENERGY CORP/DE

Relationship: 10%+ Owner
Address: 333 W. SHERIDAN AVENUE, OKLAHOMA CITY
Signature: /s/ Jeffrey L. Ritenour, Executive Vice President and Chief Financial Officer of Devon Energy Corporation
Signature date: 17 Sep 2025

CIK 0001518832

WPX ENERGY, INC.

Relationship: 10%+ Owner
Address: 333 W. SHERIDAN AVENUE, OKLAHOMA CITY
Signature: /s/ Jeffrey L. Ritenour, Executive Vice President and Chief Financial Officer of WPX Energy, Inc.
Signature date: 17 Sep 2025

Reported non-derivative transactions

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

WBI holding

Class B Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 17,757,225
Date: 17 Sep 2025
Ownership: See Footnote
Footnotes: F1, F2

Reported derivative securities

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

WBI holding Derivative

WBI Operating LLC Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date: 17 Sep 2025
Ownership: See Footnote
Underlying class: Class A Shares
Underlying amount: 17,757,225
Exercise price
Footnotes: F2, F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

In connection with the closing of the initial public offering (the "IPO") of the Class A shares representing limited liability company interests in WaterBridge Infrastructure LLC, a Delaware limited liability company (the "Company" and such shares, "Class A shares"), and pursuant to certain reorganizational transactions, Devon WB Holdco L.L.C. ("Devon Holdco") will (i) make a capital contribution to the Company in exchange for 17,757,225 Class B shares of the Company representing limited liability company interests ("Class B Shares") and (ii) receive 17,757,225 units representing limited liability company interests in WBI Operating LLC, a Delaware limited liability company ("OpCo" and such units, "OpCo Units").

Footnote F2

Represents securities directly held by Devon Holdco, which is an indirect wholly-owned subsidiary of Devon Energy Corporation ("Devon"). Devon is a public company and owns 100% of the outstanding common stock of WPX Energy, Inc. ("WPX"). WPX owns 100% of the limited liability company interests of WPX Energy Permian, LLC ("WPX Permian"). WPX Permian owns 100% of the limited liability company interests of Devon Holdco. Each of Devon, WPX and WPX Permian disclaims beneficial ownership of the securities owned by Devon Holdco in excess of their respective pecuniary interest therein.

Footnote F3

Each Class B share has no economic rights but entitles its holder to one vote on all matters to be voted on by the shareholders of the Company generally. At the request of a holder, each OpCo Unit may be redeemed (along with the cancellation of a corresponding Class B share) for, subject to certain restrictions in the OpCo limited liability company agreement (the "OpCo LLCA"), newly issued Class A shares on a one-for-one basis or for a cash payment to be determined pursuant to the OpCo LLCA for each OpCo Unit redeemed. The OpCo Units do not expire.