OIS CEO Cindy Taylor logs stock award vesting and tax share surrender (NYSE: OIS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cindy B. Taylor, President & CEO of Oil States International, reported equity award activity involving the company’s common stock. She acquired 81,998 shares at no cost upon vesting of cumulative EBITDA performance-based restricted stock units granted on February 16, 2023, after the Compensation Committee certified performance for the 2023–2025 period.
On the same date, 34,726 shares were surrendered to cover tax liabilities related to this vesting. After these transactions, she directly owns 2,087,449 shares of Oil States International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
TAYLOR CINDY B
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 81,998 | $0.00 | -- |
| Tax Withholding | Common Stock | 34,726 | $9.43 | $327K |
Holdings After Transaction:
Common Stock — 2,122,175 shares (Direct)
Footnotes (1)
- 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. Shares surrendered for payment of tax liability incident to vesting of performance-based restricted stock units.
FAQ
What insider transactions did OIS President & CEO Cindy B. Taylor report?
Cindy B. Taylor reported vesting of performance-based restricted stock units and related tax share surrender. She acquired 81,998 common shares at no cost, then surrendered 34,726 shares to cover taxes. Following these transactions, she directly owns 2,087,449 Oil States International common shares.
What performance period determined Cindy B. Taylor’s earned OIS restricted stock units?
The earned restricted stock units were tied to cumulative EBITDA performance over a three-year period. The company measured cumulative EBITDA from January 1, 2023 to December 31, 2025, and on February 18, 2026, the Compensation Committee certified the applicable metric, triggering issuance of 81,998 common shares.
What do transaction codes A and F mean in the OIS Form 4 filing?
Code A indicates a grant, award, or other acquisition, here representing shares issued upon vesting of performance-based restricted stock units. Code F indicates shares disposed of to pay an exercise price or tax liability, which in this case were surrendered to satisfy tax obligations tied to the vesting.