Form 4: Select Water Solutions Executive Acquires Shares

Select Water Solutions' EVP, CSO & CTO, Michael James Lyons, acquired restricted stock and disposed of shares for tax obligations.

Summary

• Michael James Lyons, Executive Vice President, Chief Strategy Officer, and Chief Technology Officer of Select Water Solutions, Inc. (WTTR), reported transactions involving Class A Common Stock.
• Acquired 34,221 shares of restricted stock on February 24, 2026, under the Select Water Solutions, Inc. 2024 Equity Incentive Plan, with an acquisition price of $0.00.
• Disposed of 7,821 shares on February 24, 2026, at a price of $13.65 per share to satisfy tax withholding obligations related to the vesting of certain restricted stock.
• Following these reported transactions, Michael James Lyons directly beneficially owns 137,423 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine insider transaction involving a restricted stock grant and subsequent tax withholding, which is a common practice and does not indicate a significant positive or negative shift in company fundamentals or outlook.

Positives

• The acquisition of 34,221 shares of restricted stock aligns the executive's interests with long-term company performance.
• The grant is part of the Select Water Solutions, Inc. 2024 Equity Incentive Plan, indicating ongoing executive incentive programs.

Negatives

• A disposition of 7,821 shares occurred to cover tax withholding obligations, resulting in a reduction of direct beneficial ownership.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as restricted stock grants and subsequent tax-related dispositions, are common in the energy services industry and generally do not signal significant shifts in broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns executive incentives with shareholder value creation over the long term. The tax-related disposition is a routine event.

Next Steps

• Vesting of 1/3 of the restricted stock on February 24, 2027.
• Vesting of 1/3 of the restricted stock on February 24, 2028.
• Vesting of 1/3 of the restricted stock on February 24, 2029.

Key Dates

Keywords

Select Water Solutions, WTTR, Insider Transaction, Form 4, Restricted Stock, Equity Incentive Plan, Executive Compensation