Form 4: Select Water Solutions Executive Cody Ortowski Reports Share Transactions

EVP of Business Strategy at Select Water Solutions, Cody Ortowski, reports acquisition of shares through performance share units and subsequent disposal to cover tax obligations.

Summary

• Cody Ortowski, EVP of Business Strategy at Select Water Solutions, reported transactions involving Class A Common Stock.
• On March 10, 2025, Ortowski acquired 34,995 shares at $0.00 through performance share units (PSUs) that vested.
• Simultaneously, 13,771 shares were disposed of at $9.68 to cover tax withholding obligations related to the vesting of the PSUs.
• Following these transactions, Ortowski directly owns 372,902 shares and indirectly owns 1,120,437 shares through Proactive Investments, LP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share transactions related to executive compensation. It doesn't convey strong positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend in the company's performance or outlook. It reflects the standard practice of granting and vesting equity-based compensation.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily relate to executive compensation and tax obligations.

Key Dates