Form 4: Select Water Solutions Executive Receives Stock Grant

Christina M. Ibrahim, SVP, GC, CCO & Corp. Sec. of Select Water Solutions, Inc., was granted 35,253 shares of restricted stock on February 24, 2024.

Summary

• On February 24, 2024, Christina M. Ibrahim, a Senior Vice President at Select Water Solutions, Inc., received a grant of 35,253 shares of Class A Common Stock.
• The shares were granted under the Select Energy Services, Inc. 2016 Equity Incentive Plan.
• The restricted stock will vest in three equal installments on February 24, 2025, February 24, 2026, and February 24, 2027.
• Following the transaction, Ms. Ibrahim directly owns 128,484 shares of Select Water Solutions, Inc.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of a stock grant, which is neither particularly positive nor negative. It's a standard part of executive compensation.

Positives

• The stock grant aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Industry Context

Stock grants are a common practice in the industry to incentivize and retain key executives.

Stakeholder Impact

• The stock grant aligns the executive's interests with those of the shareholders, potentially leading to better company performance.

Key Dates