Oil States (NYSE: OIS) COO earns stock award, surrenders shares for tax
Rhea-AI Filing Summary
Oil States International EVP and COO Moses Philip Scott reported mixed equity transactions in company stock. He acquired 28,471 shares of common stock at no cost through the vesting of performance-based restricted stock units tied to cumulative EBITDA over a three-year period.
On the same date, 11,203 shares were surrendered at $9.43 per share to cover tax liabilities associated with this vesting, a non-market disposition. After these transactions, he directly owned 676,752.688 shares of Oil States International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,268 shares
Net Buy
2 txns
Insider
Moses Philip Scott
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,471 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,203 | $9.43 | $106K |
Holdings After Transaction:
Common Stock — 676,752.688 shares (Direct)
Footnotes (2)
- F1. Reflects the number of shares earned in respect to cumulative EBITDA performance-based restricted stock units originally granted on February 16, 2023. On February 18, 2026, the Compensation Committee certified the achievement of the applicable performance metric, which measured cumulative EBITDA of the Company over the three-year period from January 1, 2023 to December 31, 2025.
- F2. Shares surrendered for payment of tax liability incident to vesting of performance-based restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did OIS executive Moses Philip Scott report?
Moses Philip Scott reported receiving 28,471 Oil States common shares from performance-based restricted stock units and surrendering 11,203 shares to cover related tax liabilities, leaving him with 676,752.688 directly owned shares following the transactions on February 18, 2026.