Form 4: Select Water Solutions COO Reports PSU Vesting & Tax Withholding

Select Water Solutions EVP & COO Michael Skarke reported the vesting of performance share units and subsequent tax-related share disposition, effective February 9, 2026.

Summary

• Michael Skarke, EVP & COO of Select Water Solutions, Inc. (WTTR), reported transactions involving Class A Common Stock.
• On February 9, 2026, Skarke acquired 21,375 shares of Class A Common Stock through the vesting of performance share units (PSUs).
• These PSUs were granted on February 24, 2023, and the performance conditions for their vesting were satisfied.
• Concurrently, 8,914 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, Skarke beneficially owns 430,184 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as the vesting of performance share units indicates the achievement of prior performance targets, which is generally favorable, despite the routine tax-related share disposition.

Positives

• The vesting of 21,375 performance share units indicates that the performance conditions set for the award, granted on February 24, 2023, were successfully met.
• The increase in beneficial ownership (before tax withholding) for a key executive aligns management incentives with shareholder interests.

Negatives

• A disposition of 8,914 shares occurred to cover tax withholding obligations, reducing the net increase in direct beneficial ownership.

Future Outlook

This filing reports a pre-planned insider transaction related to executive compensation and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the vesting of performance-based awards and subsequent tax-related sales, are common in the executive compensation landscape across various industries. These events typically reflect the fulfillment of long-term incentive plans rather than a change in management's outlook on the company's prospects.

Corporate Governance

Stakeholder Impact

• Shareholders: The vesting of performance share units and subsequent tax-related sale by a key executive provides transparency into executive compensation and ownership changes, which can influence investor perception of management alignment.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned insider transaction involving the vesting of performance-based equity awards and a subsequent sale to cover tax obligations. Such events are common and generally do not indicate a significant shift in company fundamentals or management's outlook, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

Select Water Solutions, WTTR, Michael Skarke, Insider Transaction, Form 4, Performance Share Units, PSU Vesting, Executive Compensation, Stock Ownership, Tax Withholding