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

Robert L. Potter, a director at Oil States International, acquired 2,029 shares of common stock at $6.16 per share on March 31, 2024, as part of a quarterly stock award.

Summary

• On March 31, 2024, Robert L. Potter, a director of Oil States International, acquired 2,029 shares of common stock.
• The acquisition was part of a quarterly stock award under the company's Amended and Restated Equity Participation Plan.
• The price per share was $6.16.
• Following the transaction, Mr. Potter directly owns 126,130 shares of Oil States International.
• The stock award vests upon award.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, indicating confidence in the company. However, this is a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.
• The stock award is part of the company's compensation plan for non-executive chairman of the Board of Directors.

Industry Context

Director share acquisitions are common and often viewed positively, reflecting alignment between management and shareholder interests. This transaction is part of a regular compensation plan.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates