Director awarded 9,446 Select Water (NYSE: WTTR) restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FERNANDEZ-MORENO LUIS M reported acquisition or exercise transactions in this Form 4 filing.
Select Water Solutions, Inc. director Luis M. Fernandez-Moreno reported an equity compensation grant of 9,446 shares of Class A common stock. The shares are restricted stock granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan and will vest on May 6, 2027.
Following this award, he directly holds 78,652 shares of Class A common stock. The grant was recorded at a price of $0.00 per share, consistent with a stock-based compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERNANDEZ-MORENO LUIS M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,446 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 78,652 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 9,446 shares
Award price per share: $0.00 per share
Shares held after grant: 78,652 shares
+1 more
4 metrics
Restricted stock grant
9,446 shares
Class A Common Stock award to director on May 6, 2026
Award price per share
$0.00 per share
Equity compensation grant, not open-market purchase
Shares held after grant
78,652 shares
Director’s direct Class A holdings following the transaction
Vesting date
May 6, 2027
Restricted stock under 2024 Equity Incentive Plan
Key Terms
restricted stock, 2024 Equity Incentive Plan, vesting, Grant, award, or other acquisition
4 terms
restricted stock financial
"These shares of restricted stock, granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2024 Equity Incentive Plan financial
"granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan, will vest on May 6, 2027"
vesting financial
"will vest on May 6, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"