Form 4: Select Water Solutions Director Receives Stock Grant
SEC Form 4
Timothy A. Roberts, a director at Select Water Solutions, Inc., received a grant of 17,422 shares of Class A Common Stock on May 1, 2025, which will vest on May 1, 2026.
Summary
- On May 1, 2025, Timothy A. Roberts, a director of Select Water Solutions, Inc., acquired 17,422 shares of Class A Common Stock.
- The shares were granted as restricted stock under the company's 2024 Equity Incentive Plan.
- These shares will vest on May 1, 2026.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices, indicating confidence in the company's future.
Positives
- The grant of restricted stock to a director aligns their interests with those of the shareholders.
- The vesting period of one year encourages long-term commitment.
Industry Context
This type of equity grant is a common practice in publicly traded companies to incentivize and retain key personnel, aligning their interests with the long-term performance of the company.
Stakeholder Impact
- The stock grant aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.
- Employees may view the grant as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Timothy A. Roberts acquired 17,422 shares of Class A Common Stock. |
| 05/01/2026 | Vesting date for the 17,422 shares of restricted stock. |
| 05/02/2025 | Date of Form 4 filing. |
Keywords
Select Water Solutions, Director, Stock Grant, Equity Incentive Plan, Vesting, WTTR, Form 4
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