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  4. [Form 4/A] Select Water Solutions, Inc. Amended Insider Trading Activity

Executive at Select Water (NYSE: WTTR) receives stock grant and updates indirect holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Select Water Solutions, Inc. executive Cody Ortowski reported updated equity holdings following a stock grant and related tax withholding. On February 24, 2026, he received 32,552 shares of Class A common stock as restricted stock under the 2024 Equity Incentive Plan, at a stated price of $0 per share. These restricted shares vest in three equal installments on February 24, 2027, 2028, and 2029. To cover tax obligations from the vesting of earlier restricted stock, 14,694 shares were withheld by the company at $13.65 per share. After these transactions, he directly owns 402,372 shares of Class A common stock. The amendment also newly reports 1,120,437 shares indirectly beneficially owned through Proactive Investments, LP, noting no additional transactions occurred since the original filing.

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Insider Ortowski Cody
Role EVP, Business Strategy
Type Security Shares Price Value
Grant/Award Class A Common Stock 32,552 $0.00 --
Tax Withholding Class A Common Stock 14,694 $13.65 $201K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 417,066 shares (Direct); Class A Common Stock — 1,120,437 shares (Indirect, By Proactive Investments, LP)
Footnotes (1)
  1. These shares of restricted stock, granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan, will vest 1/3 on February 24, 2027, 1/3 on February 24, 2028, and 1/3 on February 24, 2029. Represents shares to be withheld by Select Water Solutions, Inc. (the "Issuer") to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of certain restricted stock. This amendment to Form 4 is being filed to report the number of securities indirectly beneficially owned by the reporting person, which was inadvertently omitted from the original Form 4 filed on February 26, 2026. No additional transactions have occurred since the date of the original filing.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ortowski Cody
(Last) (First) (Middle)
1820 N I-35
(Street)
GAINESVILLE TX 76240
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Select Water Solutions, Inc. [ WTTR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Business Strategy
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/26/2026 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/24/2026 A(1) 32,552 A $0.00 417,066 D
Class A Common Stock 02/24/2026 F(2) 14,694 D $13.65 402,372 D
Class A Common Stock 1,120,437 I(3) By Proactive Investments, LP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares of restricted stock, granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan, will vest 1/3 on February 24, 2027, 1/3 on February 24, 2028, and 1/3 on February 24, 2029.
2. Represents shares to be withheld by Select Water Solutions, Inc. (the "Issuer") to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of certain restricted stock.
3. This amendment to Form 4 is being filed to report the number of securities indirectly beneficially owned by the reporting person, which was inadvertently omitted from the original Form 4 filed on February 26, 2026. No additional transactions have occurred since the date of the original filing.
Remarks:
/s/ Ortowski, Cody J by Calla Hackler, as Attorney-in-Fact 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did WTTR executive Cody Ortowski report on February 24, 2026?

Cody Ortowski reported a grant of 32,552 restricted Class A common shares and withholding of 14,694 shares to cover tax obligations, both dated February 24, 2026. The filing updates his direct and indirect ownership, without adding new transactions beyond that date.

How many WTTR shares were granted to Cody Ortowski in this Form 4/A?

He received a grant of 32,552 restricted shares of Select Water Solutions Class A common stock. These were issued at a stated price of $0.00 per share under the 2024 Equity Incentive Plan, with vesting spread over three equal annual installments beginning in 2027.

What is the vesting schedule for Cody Ortowski’s new WTTR restricted stock award?

The 32,552 restricted shares vest in three equal parts: one-third on February 24, 2027, one-third on February 24, 2028, and one-third on February 24, 2029. This staggered schedule ties full ownership to continued service over three years.

Why were 14,694 WTTR shares withheld from Cody Ortowski at $13.65 per share?

The 14,694 shares were withheld by Select Water Solutions to satisfy Cody Ortowski’s tax withholding obligations from vesting of earlier restricted stock. The withholding price was $13.65 per share, representing a disposition for tax payment rather than an open-market sale.

How many WTTR shares does Cody Ortowski own directly after these transactions?

Following the reported grant and tax withholding disposition, Cody Ortowski directly owns 402,372 shares of Select Water Solutions Class A common stock. This figure reflects only his direct holdings and excludes shares reported as indirectly owned through Proactive Investments, LP.

What indirect WTTR ownership did the Form 4/A amendment newly disclose for Cody Ortowski?

The amendment newly discloses 1,120,437 shares of Class A common stock indirectly beneficially owned by Cody Ortowski through Proactive Investments, LP. The filing states these indirect holdings were omitted from the original Form 4 and that no additional transactions have occurred since then.

Did this WTTR Form 4/A amendment report any new insider trades after the original filing date?

No, the amendment explicitly states no additional transactions have occurred since the original Form 4 filed on February 26, 2026. Its primary purpose is to report previously omitted indirectly beneficially owned shares held through Proactive Investments, LP, not to add new trades.