ESTE: Cluster sell

Date:

08/01/2023

Insiders:

Warburg Pincus Private Equity (E&P) XI-A, L.P., a 10%+ owner, and 3 others

Prior trend:

8 months of no clear discretionary insider activity

A $290.40M cluster sell for EARTHSTONE ENERGY INC (ESTE) on 08/01/2023 after 8 months of no clear discretionary insider activity trend.

Reports

Action	Amount	Date	Insider	Role(s)	SEC Filing No
● Sell	$72.60M	08/08/2023	Warburg Pincus Private Equity (E&P) XI-A, L.P. + 8	A 10%+ owner	0000899243-23-017863
● Sell	$72.60M	08/08/2023	Warburg Pincus (E&P) XII, L.P. + 8	A 10%+ owner	0000899243-23-017864
● Sell	$72.60M	08/08/2023	Warburg Pincus Partners II (US), L.P. + 1	A 10%+ owner	0000899243-23-017867
● Sell	$72.60M	08/08/2023	WP Energy Chisholm Holdings, L.P. + 7	A 10%+ owner	0000899243-23-017869

Transactions

Action	Amount	Date	Insider	Security	Type	SEC Code
● Sell	$72.60M	08/01/2023	Warburg Pincus Private Equity (E&P) XI-A, L.P.	Class A Common Stock, par value $0.001 per share	Discretionary	Sale
● Sell	$72.60M	08/01/2023	Warburg Pincus (E&P) XII, L.P.	Class A Common Stock, par value $0.001 per share	Discretionary	Sale
● Sell	$72.60M	08/01/2023	Warburg Pincus Partners II (US), L.P.	Class A Common Stock, par value $0.001 per share	Discretionary	Sale
● Sell	$72.60M	08/01/2023	WP Energy Chisholm Holdings, L.P.	Class A Common Stock, par value $0.001 per share	Discretionary	Sale