Form 4: Select Water Solutions EVP & COO Michael Skarke Reports Stock Transactions

Michael Skarke, EVP & COO of Select Water Solutions, reports acquisition of restricted stock and disposition of shares to cover tax obligations.

Summary

• On February 24, 2025, Michael Skarke, EVP & COO of Select Water Solutions, acquired 28,654 shares of Class A Common Stock at $0.00 per share.
• On the same day, Skarke disposed of 17,760 shares of Class A Common Stock at $12.2 per share to satisfy tax withholding obligations.
• Following these transactions, Skarke directly owns 399,968 shares of Class A Common Stock.
• The 28,654 shares of restricted stock vest in three equal installments on February 24, 2026, February 24, 2027, and February 24, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing represents routine transactions related to executive compensation. The acquisition of restricted stock is a positive sign, but the disposal of shares for tax obligations is a standard procedure.

Positives

• The acquisition of restricted stock indicates confidence in the company's future performance.

Negatives

• The disposal of shares to cover tax obligations, while routine, slightly reduces Skarke's holdings.

Future Outlook

The vesting schedule of the restricted stock indicates a long-term incentive for the executive.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates