Form 4: Oil States International Director Acquires Restricted Stock

E. Joseph Wright, a director of Oil States International, acquired 33,259 shares of restricted common stock on May 7, 2024.

Summary

• On May 7, 2024, E. Joseph Wright, a director of Oil States International, acquired 33,259 shares of restricted common stock.
• The acquisition was made under the company's Amended and Restated Equity Participation Plan.
• These shares vest on the day before the company's 2025 Annual Stockholders meeting.
• Following the transaction, Wright beneficially owns 115,359 shares of Oil States International common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock vests on the day before the Company's 2025 Annual Stockholders meeting.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.

Key Dates