Form 4: Oil States International Director Acquires Restricted Stock
SEC Form 4
Director Denise Castillo-Rhodes acquired 31,185 shares of restricted common stock in Oil States International, Inc.
Summary
- On May 13, 2025, Denise Castillo-Rhodes, a director of Oil States International, Inc. (OIS), acquired 31,185 shares of common stock.
- The acquisition was a restricted common stock award under the Company's Second Amended and Restated Equity Participation Plan.
- These shares vest on the day before the Company's 2026 Annual Stockholders meeting.
- Following the transaction, Castillo-Rhodes beneficially owns 123,950 shares of Oil States International, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company is generally viewed favorably, but the document itself is simply a regulatory filing of a routine transaction.
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 document does not contain specific forward-looking statements, but the vesting of the restricted stock is tied to the 2026 Annual Stockholders meeting.
Industry Context
This type of stock award is a common practice in publicly traded companies to align the interests of directors with those of shareholders.
Comparison to Industry Standards
- Equity compensation for board members is a standard practice across the oil and gas industry.
- Companies like Schlumberger, Halliburton, and Baker Hughes also utilize stock awards and options as part of their director compensation packages.
- The specific amount and vesting schedule can vary based on company size, performance, and industry benchmarks.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Denise Castillo-Rhodes acquired 31,185 shares of restricted common stock. |
| 2026 Annual Stockholders meeting | Vesting date for the restricted common stock award is the day before the 2026 Annual Stockholders meeting. |
Keywords
Oil States International, Director, Stock Acquisition, Restricted Stock, OIS, Equity Participation Plan, Beneficial Ownership
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