Form 4: Oil States International Director Acquires Shares as Part of Compensation Plan

Robert L. Potter, a director at Oil States International, acquired 2,815 shares of common stock on June 30, 2024, as part of the company's equity participation plan.

Summary

• Robert L. Potter, a director of Oil States International, Inc. (OIS), acquired 2,815 shares of common stock on June 30, 2024.
• The acquisition was part of a quarterly stock award under the company's Amended and Restated Equity Participation Plan.
• The shares were awarded as compensation for Mr. Potter's role as non-executive chairman of the Board of Directors.
• The price per share was $4.44.
• Following the transaction, Mr. Potter beneficially owns 162,204 shares of Oil States International, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition reflects the director's continued investment in the company.
• The equity participation plan aligns the director's interests with those of the shareholders.

Industry Context

Director share acquisitions are common and can be seen as a positive sign, indicating confidence in the company's future performance. However, the impact on the stock price is usually minimal unless the transaction involves a significant number of shares.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates