Waterbridge Resources LLC sold 5,894,826 shares (5.89M) at $30.05 for $177.1M; retains 1,980,921 non-derivative shares plus 51,762,663 derivative units
Waterbridge Resources LLC, a 10% owner, sold 5,894,826 shares (5.89M shares) at $30.05 on 2026-06-22 for total value of $177,139,521.30 ($177.1M), reducing non-derivative holdings by 74.8% from 7,875,747 shares to 1,980,921 shares. However, the insider retains substantial derivative exposure through 51,762,663 WBI Operating LLC Units, meaning the underlying economic stake remains significant despite the substantial non-derivative share reduction. The sale occurred near the 52-week high (currently -17.2% from the $36.21 peak), and the company shows strong growth fundamentals with annual revenue growth of +66.2% and latest quarterly revenue of $200,977,000.00 ($201.0M), though near-term momentum has declined with a 30-day price change of -3.8%.