WBI's Lock-Up Period Set To End on March 16th

Shares of the company owned by insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Published on Mar. 11, 2026

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WBI, a NYSE-listed company, is set to have its lock-up period expire on March 16th. The company had issued 31,700,000 shares in its public offering on September 17th, with a total offering size of $634,000,000 based on an initial share price of $20.00. Shares owned by company insiders and major shareholders will become eligible for trade after the lock-up period ends.

Why it matters

The expiration of WBI's lock-up period is significant as it will allow insiders and major shareholders to sell their shares, which could impact the stock price and trading volume. This is a common event for newly public companies as it provides liquidity for early investors while also potentially introducing volatility into the stock.

The details

WBI had issued 31,700,000 shares in its public offering on September 17th, with a total offering size of $634,000,000 based on an initial share price of $20.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period on March 16th.

  • WBI had issued 31,700,000 shares in its public offering on September 17th.
  • WBI's lock-up period is set to expire on Monday, March 16th.

The players

WBI

A NYSE-listed company that is an integrated, pure-play water infrastructure company based in Houston, Texas.

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What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

The expiration of WBI's lock-up period is a significant event that could impact the stock price and trading volume as insiders and major shareholders gain the ability to sell their shares.