Form 4: Oil States International Director Acquires Shares in Quarterly Stock Award

Sentiment:

SEC Form 4 Filing


Robert L. Potter, a director at Oil States International, acquired 2,470 shares of common stock on December 31, 2024, as part of a quarterly stock award.

Summary

  • Robert L. Potter, a director at Oil States International, acquired 2,470 shares of common stock on December 31, 2024.
  • The shares were acquired at a price of $5.06 per share.
  • This transaction was part of a quarterly stock award under the company's Amended and Restated Equity Participation Plan.
  • The award is compensation for Mr. Potter's role as non-executive chairman of the Board of Directors.
  • The shares vest immediately upon award.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company.
  • The stock award aligns the director's interests with those of the shareholders.

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

  • Stock awards are a common form of compensation for directors in publicly traded companies.
  • The vesting schedule of immediate vesting is not unusual for director stock awards.

Stakeholder Impact

  • The stock acquisition by a director may be viewed positively by shareholders as it demonstrates confidence in the company.

Key Dates

DateDescription
12/31/2024Date of the stock acquisition by Robert L. Potter.
01/02/2025Date of signature on the Form 4 filing.

Keywords

Oil States International, OIS, stock acquisition, director, Robert L. Potter, equity compensation, Form 4, insider trading

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