Form 4: Oil States International Director, Robert L. Potter, Reports Acquisition and Disposal of Common Stock

Sentiment:

SEC Form 4 Filing


Director Robert L. Potter reports acquiring and disposing of Oil States International common stock related to deferred restricted stock units.

Summary

  • Robert L. Potter, a director of Oil States International, Inc. (OIS), reported a transaction involving the acquisition and disposal of common stock on May 7, 2024.
  • The transaction involved the acquisition of 33,259 shares of common stock at $0, and the disposal of 33,259 shares.
  • Following the reported transaction, Potter beneficially owns 159,389 shares of Oil States International common stock.
  • The common stock relates to deferred restricted stock units, vesting fully the day before the company's 2025 Annual Stockholders meeting, with delivery deferred until a future date elected by Potter.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Future Outlook

The award will vest in full on the day before the Company's 2025 Annual Stockholders meeting. Delivery of the vested shares shall be deferred until a future date elected by the reporting person in connection with the grant of the award.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
05/07/2024Date of transaction involving acquisition and disposal of common stock.
05/08/2024Date of signature on the report.

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