Form 4: Select Water Solutions Director Richard Burnett Receives Stock Grant

Director Richard Alan Burnett of Select Water Solutions, Inc. reports acquisition of 17,422 shares of Class A Common Stock through a grant under the company's 2024 Equity Incentive Plan.

Summary

• Richard Alan Burnett, a director at Select Water Solutions, Inc., acquired 17,422 shares of Class A Common Stock on May 1, 2025.
• The acquisition was a grant under the Select Water Solutions, Inc. 2024 Equity Incentive Plan.
• These shares are restricted and will vest on May 1, 2026.
• Following the transaction, Burnett directly owns 127,132 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction (stock grant) which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative performance or concerns.

Positives

• The grant of shares to a director aligns their interests with those of the shareholders.
• The vesting period of the shares encourages long-term commitment from the director.

Industry Context

Stock grants to directors are a common practice in publicly traded companies to incentivize and align their interests with shareholders.

Stakeholder Impact

• The stock grant could have a slightly positive impact on shareholders by aligning the director's interests with theirs.

Key Dates

Keywords

Select Water Solutions, Director, Richard Burnett, Stock Grant, Equity Incentive Plan, Class A Common Stock, Beneficial Ownership, Form 4, Vesting