Form 4: Oil States International EVP Moses Philip Scott Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
EVP and Chief Operating Officer of Oil States International, Moses Philip Scott, reports disposing of shares to cover tax liabilities related to vesting restricted stock awards.
Summary
- On February 16, 2025, Moses Philip Scott, EVP and Chief Operating Officer of Oil States International, disposed of common stock to cover tax liabilities.
- The disposals were related to the vesting of prior restricted stock awards.
- A total of 34,991 shares were disposed of at a price of $5.42 per share.
- Following the reported transactions, Scott beneficially owns 565,534.688 shares of Oil States International common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes, which is a common practice and doesn't necessarily indicate a change in the executive's outlook on the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of stock disposal transactions. |
| 02/18/2025 | Date of signature by Brian E. Taylor, pursuant to power of attorney. |
Keywords
Form 4, Oil States International, OIS, Moses Philip Scott, Stock Disposal, Tax Liability, Restricted Stock, EVP, Chief Operating Officer
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