On June 24, 2026, four insiders at WaterBridge Infrastructure LLC (WBI) executed sales totaling approximately $210.97 million. The transactions involved the sale of 1,755,174 shares each at a price of $30.05 per share, with each sale amounting to $52.74 million.
The reported sales were made by entities including Energy Corp/De Devon, Energy, Inc. Wpx, Energy Permian, Llc Wpx, and Wb Holdco L.L.C. Devon. While insider selling can stem from various personal financial decisions such as diversification or tax planning, a coordinated sell-off by multiple insiders can attract investor scrutiny.
This activity follows closely behind significant insider sales reported on June 22, 2026, involving David N. Capobianco and entities related to Five Point Energy, which collectively sold over 29 million shares for more than $885 million.