Form 4: Oil States International Executive Brian E. Taylor Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Brian E. Taylor, Sr. VP, Controller & CAO of Oil States International, reports a transaction involving common stock on June 1, 2024, where shares were surrendered for tax liability related to a prior restricted stock award.
Summary
- On June 1, 2024, Brian E. Taylor, Sr. VP, Controller & CAO of Oil States International, engaged in a transaction involving the company's common stock.
- The transaction involved the surrender of 1,876 shares to cover tax liabilities associated with the vesting of a previous restricted stock award.
- The price per share for this transaction was $4.47.
- Following the transaction, Taylor directly owns 146,675 shares of Oil States International common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of transaction: Shares surrendered for payment of tax liability incident to vesting of prior restricted stock award. |
| 06/03/2024 | Date of signature on the report. |
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