Select Water (NYSE: WTTR) director granted 9,446 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cope Bruce E. reported acquisition or exercise transactions in this Form 4 filing.
Select Water Solutions, Inc. director Bruce E. Cope received a grant of 9,446 shares of Class A Common Stock as restricted stock. The award was granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan and will vest on May 6, 2027. Following this grant, Cope directly holds 26,868 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cope Bruce E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,446 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 26,868 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 9,446 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 26,868 shares
+2 more
5 metrics
Restricted stock grant
9,446 shares
Class A Common Stock awarded to director on May 6, 2026
Grant price per share
$0.0000 per share
Reported transaction price on restricted stock award
Post-grant holdings
26,868 shares
Total Class A Common Stock directly held after transaction
Vesting date
May 6, 2027
Restricted stock granted under 2024 Equity Incentive Plan
Transaction code
A (Grant, award, or other acquisition)
Indicates equity compensation, not open-market trade
Key Terms
restricted stock, 2024 Equity Incentive Plan, Form 4, 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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): reporting an equity grant to a director"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did WTTR director Bruce E. Cope report on this Form 4?
Bruce E. Cope reported receiving 9,446 shares of Select Water Solutions Class A Common Stock as a restricted stock grant. The shares were awarded under the company’s 2024 Equity Incentive Plan and represent a compensation-related acquisition rather than an open-market purchase.
Was cash involved in Bruce E. Cope’s WTTR restricted stock award?
No cash changed hands for this award; the transaction price per share was reported as 0.0000. The Form 4 classifies it as a grant or award acquisition, reflecting stock-based compensation rather than a purchase in the open market.
Under which plan was Bruce E. Cope’s WTTR restricted stock granted?
The 9,446 restricted shares were granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan. This plan authorizes equity-based compensation awards to eligible participants, including directors, using company stock instead of purely cash payments.