Oil States (NYSE: OIS) CEO gets 66,785-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAJDIK LLOYD A reported acquisition or exercise transactions in this Form 4 filing.
OIL STATES INTERNATIONAL, INC President & CEO Lloyd A. Hajdik received a grant of 66,785 shares of common stock as equity compensation. The award is service-based restricted common stock under the company’s Second Amended and Restated Equity Participation Plan and was issued at no cash cost to him.
The restricted shares vest in three equal annual installments beginning on May 1, 2027, aligning the CEO’s compensation with longer-term company performance. Following this grant, he directly holds a total of 737,390 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAJDIK LLOYD A
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 66,785 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 737,390 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 66,785 shares
Shares held after grant: 737,390 shares
Grant price: $0.0000 per share
+1 more
4 metrics
Restricted stock grant
66,785 shares
Service-based restricted common stock award to CEO on May 1, 2026
Shares held after grant
737,390 shares
Total common stock directly owned by CEO following transaction
Grant price
$0.0000 per share
Equity compensation, not an open-market purchase
Vesting schedule
3 equal annual installments
Vesting begins May 1, 2027 for restricted common stock award
Key Terms
service-based restricted common stock, Second Amended and Restated Equity Participation Plan, vests in three equal annual installments, Grant, award, or other acquisition
4 terms
service-based restricted common stock financial
"Service-based restricted common stock award under the Company's Second Amended and Restated Equity Participation Plan"
Second Amended and Restated Equity Participation Plan financial
"under the Company's Second Amended and Restated Equity Participation Plan that vests"
vests in three equal annual installments financial
"award under the Company's ... Equity Participation Plan that vests in three equal annual installments"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did OIL STATES (OIS) CEO Lloyd Hajdik report in this Form 4?
Lloyd A. Hajdik reported receiving a grant of 66,785 shares of OIL STATES common stock. This is a service-based restricted stock award, given as part of his compensation, that vests over time rather than an open-market purchase or sale.
How does the OIL STATES (OIS) restricted stock award to the CEO vest?
The CEO’s service-based restricted common stock award vests in three equal annual installments. Vesting begins on May 1, 2027, meaning one-third of the shares will vest each year over three years if the service conditions are satisfied.
What plan governs the OIL STATES (OIS) CEO’s new restricted stock award?
The award was granted under OIL STATES’ Second Amended and Restated Equity Participation Plan. This plan provides for equity-based compensation, such as service-based restricted common stock, to align executives’ interests with long-term shareholder value.