Form 4: OIS COO Moses Receives Equity Grant, Covers Taxes
Insider Transaction Report
Oil States International's COO, Philip Scott Moses, reported receiving a restricted stock award and subsequently surrendered shares to cover tax obligations.
Summary
- Philip Scott Moses, Executive Vice President and Chief Operating Officer of Oil States International, Inc. (OIS), reported transactions involving the company's common stock.
- On February 19, 2026, Mr. Moses was granted 62,500 shares of service-based restricted common stock.
- This award is part of the Company's Second Amended and Restated Equity Participation Plan and vests in three equal annual installments beginning February 19, 2027.
- On February 20, 2026, Mr. Moses disposed of 15,266 shares of common stock at a price of $12.53 per share.
- This disposition was to cover tax liabilities associated with the vesting of a prior restricted stock award.
- Following these transactions, Mr. Moses beneficially owns 723,986.688 shares of common stock directly.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this filing as moderately positive, reflecting a routine executive compensation event that aligns management incentives with long-term company performance, without indicating any significant operational or financial shifts.
Positives
- The grant of 62,500 shares of restricted common stock aligns the Chief Operating Officer's incentives with long-term shareholder value.
- The award vests over three years, demonstrating a commitment to retaining key management and encouraging sustained performance.
Negatives
- A portion of shares (15,266) was surrendered to cover tax liabilities, which, while a common practice, results in a reduction of direct beneficial ownership.
Future Outlook
The newly granted restricted common stock award will vest in three equal annual installments, with the first vesting occurring on February 19, 2027, indicating a multi-year incentive structure.
Industry Context
StockSavvy.ai notes that routine equity grants and subsequent tax-related share dispositions are standard executive compensation practices within the oil and gas services industry. These actions are typically designed to align management's long-term interests with those of shareholders, promoting stability and sustained performance.
Stakeholder Impact
- Shareholders: The equity grant reinforces management's alignment with shareholder interests through long-term incentive compensation.
Next Steps
- The restricted stock award will vest in three equal annual installments, with the first installment vesting on February 19, 2027.
Key Dates
| Date | Description |
|---|---|
| 02/19/2026 | Date of service-based restricted common stock award acquisition. |
| 02/20/2026 | Date of shares disposed for tax liability. |
| 02/23/2026 | Date the Form 4 was signed. |
| 02/19/2027 | Date of the first annual installment vesting for the new restricted stock award. |
Keywords
Oil States International, OIS, Philip Scott Moses, Restricted Stock, Equity Award, Insider Transaction, Form 4, Executive Compensation
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