Oil States International (OIS) chair granted 1,561 shares in quarterly award
Filing Impact
Filing Sentiment
Form Type
4
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 quarterly stock award of 1,561 shares of common stock. The shares were granted at a reference price of $8.01 per share as compensation for his role as non-executive chairman of the Board and vest immediately upon award.
Following this grant, Potter directly holds a total of 226,639 shares of Oil States International common stock. The award was made under the company’s Second Amended and Restated Equity Participation Plan as part of his ongoing director compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
POTTER ROBERT L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,561 | $8.01 | $13K |
Holdings After Transaction:
Common Stock — 226,639 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 1,561 shares
Award price per share: $8.01 per share
Holdings after grant: 226,639 shares
3 metrics
Stock award size
1,561 shares
Quarterly stock award of common stock
Award price per share
$8.01 per share
Reference price for granted shares
Holdings after grant
226,639 shares
Total common shares held directly after transaction
Key Terms
Quarterly stock award, Second Amended and Restated Equity Participation Plan, non-executive chairman, vests upon award
4 terms
Quarterly stock award financial
"Quarterly 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 for compensation"
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
"for compensation paid to Mr. Potter as non-executive chairman ... that vests upon award"
FAQ
What insider transaction did OIS director Robert L. Potter report?
Robert L. Potter reported receiving a grant of 1,561 shares of Oil States International common stock. The award is part of his quarterly compensation as non-executive chairman and was made under the company’s equity participation plan, vesting immediately upon grant.
Was the OIS insider transaction a market purchase or a stock grant?
The transaction was a stock grant, not a market purchase. Potter received 1,561 shares as a quarterly stock award under Oil States International’s Second Amended and Restated Equity Participation Plan, representing compensation for his role as non-executive chairman of the Board.
At what price was the OIS stock award to Robert L. Potter valued?
The 1,561-share stock award to Robert L. Potter was valued using a reference price of $8.01 per share. This figure reflects the price per share reported in the Form 4 for the quarterly equity compensation grant under the company’s equity participation plan.
What plan governs the OIS stock award reported by Robert L. Potter?
The stock award was granted under Oil States International’s Second Amended and Restated Equity Participation Plan. This plan provides equity-based compensation, and in this filing it delivered a quarterly stock award to Robert L. Potter that vested in full upon the date of grant.