Form 4: Select Water Solutions Director Acquires Shares of Restricted Stock
SEC Form 4 Filing
Director Luis M. Fernandez-Moreno acquired shares of restricted stock in Select Water Solutions, Inc. under the 2024 Equity Incentive Plan.
Summary
- On May 1, 2025, Luis M. Fernandez-Moreno, a director of Select Water Solutions, Inc., acquired 17,422 shares of Class A Common Stock.
- The shares were granted under the company's 2024 Equity Incentive Plan and are restricted.
- These shares will vest on May 1, 2026.
- Following the transaction, Fernandez-Moreno directly owns 69,206 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which is generally seen as a good sign. However, it's a routine transaction under an existing plan.
Positives
- The director's acquisition of shares demonstrates confidence in the company's future.
Industry Context
Insider transactions are closely monitored as indicators of management's perspective on the company's prospects within the water solutions industry.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of restricted stock. |
| 05/01/2026 | Vesting date for the acquired restricted stock. |
| 05/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Select Water Solutions, Director, Share Acquisition, Restricted Stock, Equity Incentive Plan, Form 4, Beneficial Ownership
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