Form 4: Select Water Solutions Director Douglas James Wall Acquires Restricted Stock

Director Douglas James Wall acquired 16,447 shares of restricted stock in Select Water Solutions, Inc. on May 7, 2024, under the company's 2024 Equity Incentive Plan.

Summary

• On May 7, 2024, Douglas James Wall, a director of Select Water Solutions, Inc., acquired 16,447 shares of Class A Common Stock.
• The acquisition was a grant of restricted stock under the Select Water Solutions, Inc. 2024 Equity Incentive Plan.
• The shares were acquired at a price of $0.00.
• These shares will vest on May 7, 2025.
• Following the transaction, Wall directly owns 105,302 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a neutral sentiment as it reports a standard transaction of restricted stock grant to a director, which is generally viewed positively for aligning interests.

Positives

• The acquisition of restricted stock aligns the director's interests with the long-term performance of the company.

Industry Context

This transaction is a routine disclosure of stock ownership changes by a company insider, common in publicly traded companies to ensure transparency and compliance with SEC regulations.

Key Dates