Form 4: Oil States International Director Acquires Shares in Quarterly Stock Award
SEC Form 4 Filing
Director Robert L. Potter acquired 2,427 shares of Oil States International common stock at $5.15 per share on March 31, 2025, as part of a quarterly stock award.
Summary
- On March 31, 2025, Robert L. Potter, a director of Oil States International, Inc. (OIS), acquired 2,427 shares of common stock.
- The shares were acquired at a price of $5.15 per share.
- This acquisition was part of a quarterly stock award under the company's Amended and Restated Equity Participation Plan.
- Following the transaction, Mr. Potter beneficially owns 169,818 shares of Oil States International, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. The director's acquisition of shares could be interpreted as a positive signal, but it's a standard practice.
Positives
- The acquisition of shares by a director could be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
This transaction reflects standard executive compensation practices within publicly traded companies, where stock awards are used to align the interests of directors and executives with those of shareholders.
Comparison to Industry Standards
- Stock awards are a common form of compensation for non-executive chairmen across various industries.
- The specific amount and vesting schedule of the award would need to be compared to similar companies in the oil and gas sector to determine if it is within industry norms.
- Companies like Schlumberger, Halliburton, and Baker Hughes also utilize equity-based compensation for their board members.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Robert L. Potter acquired shares of Oil States International common stock. |
| 04/01/2025 | Date of signature on the report by Brian E. Taylor, pursuant to power of attorney. |
Keywords
Oil States International, Director, Share Acquisition, Stock Award, Robert L. Potter, OIS, Equity Participation Plan
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