WTTR (Select Water Solutions) CAO reports stock grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Select Water Solutions, Inc. Chief Accounting Officer Brian Szymanski reported equity compensation and related tax withholding transactions in Class A common stock. He received a grant of 18,988 shares of restricted stock at $0.00 per share under the 2024 Equity Incentive Plan. According to the filing, these restricted shares will vest in three equal installments on February 24, 2027, February 24, 2028, and February 24, 2029. On the same date, 11,022 shares at $13.65 per share were withheld by the company to satisfy his tax withholding obligations arising from the vesting of earlier restricted stock, a non‑market tax-withholding disposition. After these transactions, he directly owned 124,710 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Szymanski Brian
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,988 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 11,022 | $13.65 | $150K |
Holdings After Transaction:
Class A Common Stock — 135,732 shares (Direct)
Footnotes (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.
FAQ
What did WTTR executive Brian Szymanski report on this Form 4?
Brian Szymanski reported a restricted stock grant and related tax withholding in Select Water Solutions, Inc. Class A common stock. The filing shows both an equity award and shares withheld by the company to cover tax obligations from vesting restricted stock.
What is the vesting schedule for Brian Szymanski’s new WTTR restricted stock?
The 18,988 restricted shares vest in three equal installments over three years. One-third vests on February 24, 2027, another third on February 24, 2028, and the final third on February 24, 2029, assuming continued satisfaction of plan conditions.