Select Energy Services (NYSE: WTTR) holder plans sale of 3,000,000 Class A shares
Rhea-AI Filing Summary
Crestview-related entities filed to sell up to 3,000,000 shares of Class A Common Stock of WTTR, with an aggregate market value of $62,670,000, based on an outstanding share count of 128,942,892 Class A shares and a proposed sale date of August 11, 2026 on the NYSE.
The filing references prior exchanges on December 19, 2016 in which UP‑C LLC units and Class B Common Stock were exchanged for Class A Common Stock in reorganization transactions. It also lists recent open-market sales over the past three months by Crestview-affiliated entities.
Positive
- None.
Negative
- None.
Key Figures
Planned shares to be sold: 3,000,000 shares
Aggregate market value of planned sale: $62,670,000
Shares outstanding: 128,942,892 shares
+4 more
7 metrics
Planned shares to be sold
3,000,000 shares
Proposed sale of WTTR Class A Common Stock
Aggregate market value of planned sale
$62,670,000
Value of 3,000,000 Class A shares to be sold
Shares outstanding
128,942,892 shares
WTTR Class A Common Stock outstanding
Sale 1 by Crestview B LLC
617,240 shares; $11,678,180.8
Class A Common Stock sale on 05/19/2026
Sale 2 by Crestview B LLC
379,840 shares; $7,467,654.4
Class A Common Stock sale on 07/01/2026
Sale 1 by Crestview LLC via SES Legacy
2,632,760 shares; $49,811,819.2
Class A Common Stock sale on 05/19/2026
Sale 2 by Crestview LLC via SES Legacy
1,620,160 shares; $31,852,345.6
Class A Common Stock sale on 07/01/2026
Key Terms
UP-C LLC Units, re-organization transaction, Class A Common Stock
3 terms
UP-C LLC Units financial
"Exchange of UP-C LLC Units and Class B Common Stock for Class A Common Stock"
re-organization transaction financial
"Exchange (re-organization transaction) | Issuer"
Class A Common Stock financial
"Class A Common Stock | Merrill Lynch 555 California Street 18th Floor"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What does the WTTR Form 144 filing disclose about planned stock sales?
The filing discloses a plan to sell up to 3,000,000 shares of WTTR Class A Common Stock with an aggregate market value of $62,670,000, with a proposed sale date of August 11, 2026 on the NYSE.
Which Crestview entities are involved in recent WTTR stock sales?
Recent sales involve Crestview Partners II SES Investment B, LLC and Crestview Partners II SES Investment, LLC (via SES Legacy Holdings, LLC), each selling WTTR Class A shares in separate transactions during May and July 2026.
What historical reorganization transactions does WTTR reference in this filing?
WTTR references exchanges on December 19, 2016 involving UP‑C LLC units and Class B Common Stock for Class A Common Stock. These exchanges are described as re-organization transactions by the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.