Form 4: Select Water Solutions Executive Cody Ortowski Reports Share Transactions
SEC Filing
Cody Ortowski, EVP at Select Water Solutions, reports acquisition of shares through performance share units and subsequent disposal to cover tax obligations.
Summary
- Cody Ortowski, an executive at Select Water Solutions, filed a Form 4 detailing changes in beneficial ownership.
- On February 14, 2025, Ortowski acquired 16,437 shares of Class A Common Stock related to performance share units (PSUs) earned from an award granted on February 24, 2022.
- Also on February 14, 2025, 6,942 shares were disposed of to cover tax withholding obligations at a price of $13.14 per share.
- Following these transactions, Ortowski directly owns 342,993 shares of Class A Common Stock and indirectly owns 1,120,437 shares through Proactive Investments, LP.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing share transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for Select Water Solutions or the broader industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/24/2022 | Date of performance share unit award grant |
| 02/14/2025 | Date of share acquisition and disposal |
| 02/19/2025 | Date of Form 4 signature |
Keywords
Form 4, Select Water Solutions, WTTR, Cody Ortowski, Beneficial Ownership, Performance Share Units, Tax Withholding
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