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

Director Denise Castillo-Rhodes acquired 33,259 shares of Oil States International common stock as part of the company's equity participation plan.

Summary

• On May 7, 2024, Denise Castillo-Rhodes, a director of Oil States International, Inc. (OIS), acquired 33,259 shares of common stock.
• The acquisition was part of a restricted common stock award under the company's Amended and Restated Equity Participation Plan.
• The shares were acquired at a price of $0.
• Following the transaction, Castillo-Rhodes directly owns 92,765 shares of Oil States International.
• The restricted common stock vests on the day before the Company's 2025 Annual Stockholders meeting.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's participation in the company's equity plan, indicating confidence in the company's future.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future prospects.
• The equity participation plan aligns the interests of directors with those of shareholders.

Future Outlook

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

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future performance. Equity participation plans are common in the industry to incentivize and retain key personnel.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates