Oil States (OIS) non-exec chairman receives 1,074-share stock award grant
Rhea-AI Filing Summary
POTTER ROBERT L reported acquisition or exercise transactions in this Form 4 filing.
Oil States International director Robert L. Potter received a stock award as compensation. He was granted 1,074 shares of common stock at a reference value of $11.64 per share under the company’s Second Amended and Restated Equity Participation Plan, and the award vests immediately upon grant.
Following this award, Potter directly holds 208,318 shares of Oil States International common stock, reflecting routine equity-based compensation for his role as non-executive chairman of the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,074 shares
Net Buy
1 txn
Insider
POTTER ROBERT L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,074 | $11.64 | $13K |
Holdings After Transaction:
Common Stock — 208,318 shares (Direct)
Footnotes (1)
- F1. Quarterly stock award under the Company's Second Amended and Restated Equity Participation Plan for compensation paid to Mr. Potter as non-executive chairman of the Board of Directors that vests upon award.
Key Figures
Stock award size: 1,074 shares
Award price per share: $11.64 per share
Post-transaction holdings: 208,318 shares
3 metrics
Stock award size
1,074 shares
Quarterly stock award to non-executive chairman
Award price per share
$11.64 per share
Reference transaction price for granted shares
Post-transaction holdings
208,318 shares
Common stock directly owned after grant
Key Terms
Second Amended and Restated Equity Participation Plan, non-executive chairman, vests upon award, Grant, award, or other acquisition
4 terms
Second Amended and Restated Equity Participation Plan financial
"Quarterly stock award under the Company's Second Amended and Restated Equity Participation Plan"
non-executive chairman financial
"compensation paid to Mr. Potter as non-executive chairman of the Board of Directors"
A non-executive chairman leads a company's board of directors but does not run day-to-day operations or hold an executive management role; they focus on overseeing strategy, setting board agendas, and holding executives accountable. For investors, this role matters because a capable, independent chair can strengthen corporate governance, reduce management risk, and influence long-term strategy and leadership choices—like a team captain who watches the game and makes calls without playing on the field.
vests upon award financial
"Equity Participation Plan for compensation ... that vests upon award"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Robert L. Potter report in this Oil States (OIS) Form 4?
Robert L. Potter reported receiving a grant of 1,074 shares of Oil States common stock as equity compensation. The shares were awarded under the company’s equity participation plan and vest upon grant, increasing his direct holdings to 208,318 shares after the transaction.
Was the Oil States (OIS) Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant or award acquisition. Potter received 1,074 shares of common stock as quarterly compensation under Oil States’ equity participation plan, rather than buying or selling shares on the open market.
What price was used for Robert L. Potter’s OIS stock award on this Form 4?
The stock award used a reference price of $11.64 per share for the 1,074 shares granted. This figure reflects the transaction price per share reported in the filing and is used for valuing the equity compensation granted to Potter as non-executive chairman.
What plan governed the stock award to Robert L. Potter at Oil States (OIS)?
The stock award was granted under Oil States’ Second Amended and Restated Equity Participation Plan. According to the footnote, the quarterly stock award serves as compensation for Potter’s role as non-executive chairman and vests upon award, providing immediate ownership of the granted shares.