Form 4: Oil States International EVP, Chief Operating Officer Moses Philip Scott Acquires Shares
SEC Form 4 Filing
Moses Philip Scott, EVP and Chief Operating Officer of Oil States International, acquired shares of common stock on February 20, 2025, as part of a service-based restricted stock award.
Summary
- On February 20, 2025, Moses Philip Scott, the EVP and Chief Operating Officer of Oil States International, acquired 116,387 shares of common stock.
- The acquisition was part of a service-based restricted common stock award under the company's Amended and Restated Equity Participation Plan.
- These shares vest in three equal annual installments starting on February 20, 2026.
- Following the transaction, Scott beneficially owns 681,921.688 shares of Oil States International.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, which is neither overtly positive nor negative.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Future Outlook
The restricted stock award vests in three equal annual installments beginning 2/20/2026, suggesting a multi-year commitment from the executive.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies within the oil and gas services industry.
Comparison to Industry Standards
- Executive compensation packages often include stock awards to align management's interests with those of shareholders.
- Vesting schedules are a standard practice to incentivize long-term performance and retention.
- Similar filings can be observed for executives at companies like Schlumberger (SLB), Halliburton (HAL), and Baker Hughes (BKR).
Stakeholder Impact
- The stock acquisition could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Moses Philip Scott acquired shares of common stock. |
| 02/20/2026 | First vesting date for the service-based restricted common stock award. |
| 02/21/2025 | Date of signature by Lloyd A. Hajdik, pursuant to power of attorney. |
Keywords
Oil States International, Moses Philip Scott, EVP, Chief Operating Officer, Stock Acquisition, Form 4, Restricted Stock, Beneficial Ownership, OIS
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