Form 4: Select Water Solutions CAO Reports PSU Vesting, Tax Withholding

Select Water Solutions' Chief Accounting Officer, Brian Szymanski, reported the vesting of performance share units and subsequent tax-related share withholding.

Summary

• Brian Szymanski, Chief Accounting Officer of Select Water Solutions, Inc. (WTTR), acquired 12,981 shares of Class A Common Stock on February 9, 2026, through the vesting of performance share units (PSUs).
• These PSUs were granted on February 24, 2023, and the performance conditions for their earning were satisfied.
• Concurrently, 6,247 shares were disposed of at a price of $12.96 per share to satisfy tax withholding obligations related to the PSU vesting.
• Following these transactions, Szymanski beneficially owns 116,744 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event for the individual, reflecting earned compensation, and neutral for the company as it's a routine compensation event.

Positives

• Brian Szymanski earned 12,981 shares of Class A Common Stock through the vesting of performance share units, indicating successful achievement of performance conditions.
• The vesting of PSUs reflects the company's performance and the reporting person's contribution.

Negatives

• 6,247 shares were withheld by the company to cover tax obligations, reducing the net shares received by Brian Szymanski.

Risks

• The Power of Attorney explicitly states that neither the Company nor the Attorney-in-Fact assumes liability for the undersigned's responsibility to comply with Section 13 or Section 16 of the Exchange Act or Rule 144, or for disgorgement of profits under Section 16(b).
• The reporting person remains responsible for compliance with obligations under Section 13 or Section 16 of the Exchange Act.

Future Outlook

This filing primarily reports past and scheduled future transactions related to executive compensation and does not contain forward-looking statements regarding the company's operational or financial outlook.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures for publicly traded companies, reflecting executive compensation structures. While not directly indicative of broader industry trends, the vesting of performance-based awards can signal the achievement of internal company goals within the oilfield services sector, where Select Water Solutions operates.

Corporate Governance

Related Party Transactions

• The transactions involve an executive and the company, which are related parties, but are standard compensation and tax withholding events rather than unusual related-party dealings.

Stakeholder Impact

• Shareholders: Minimal direct impact; reflects routine executive compensation.
• Management: Brian Szymanski's compensation structure is being fulfilled, aligning his interests with company performance.

Next Steps

• No specific future actions or milestones are mentioned in this filing beyond the reported transaction.

Key Dates

Keywords

Select Water Solutions, WTTR, Brian Szymanski, Insider Transaction, Form 4, Performance Share Units, PSU Vesting, Executive Compensation, Stock Award, Tax Withholding