Form 4: Oil States International Executive Brian E. Taylor Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Brian E. Taylor, Sr. VP, Controller & CAO of Oil States International, reports disposing of shares to cover tax liabilities related to vesting restricted stock awards.

Summary

  • On February 16, 2025, Brian E. Taylor, Sr. VP, Controller & CAO of Oil States International, disposed of common stock to cover tax liabilities.
  • A total of 19,237 shares were disposed of across three transactions, all at a price of $5.42 per share.
  • These disposals were related to the vesting of prior restricted stock awards.
  • Following these transactions, Taylor directly owns 127,438 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 reflect a change in the insider'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 indicate a negative outlook on the company.

Stakeholder Impact

  • The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares involved.

Key Dates

DateDescription
02/16/2025Date of stock disposal transactions.
02/18/2025Date of signature by Lloyd A. Hajdik, pursuant to power of attorney.

Keywords

Form 4, Oil States International, OIS, Brian E. Taylor, Stock Disposal, Tax Liability, Restricted Stock, Insider Trading

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