Select Water (NYSE: WTTR) CAO sells 20,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Select Water Solutions, Inc. Chief Accounting Officer Brian Szymanski executed an open-market sale of 20,000 shares of Class A Common Stock on May 11, 2026 at an average price of $17.04 per share. After this transaction, he directly holds 114,752 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($340,800)
Net Sell
1 txn
Insider
Szymanski Brian
Role
Chief Accounting Officer
Sold
20,000 shs ($341K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 20,000 | $17.04 | $341K |
Holdings After Transaction:
Class A Common Stock — 114,752 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 20,000 shares
Sale price per share: $17.04 per share
Shares held after transaction: 114,752 shares
3 metrics
Shares sold
20,000 shares
Open-market sale on May 11, 2026
Sale price per share
$17.04 per share
Average sale price for Class A Common Stock
Shares held after transaction
114,752 shares
Direct Class A Common Stock ownership post-transaction
Key Terms
Class A Common Stock, open-market sale, Form 4
3 terms
Class A Common Stock financial
"20,000 shares of Class A Common Stock on May 11, 2026"
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.
open-market sale financial
"transaction_action is described as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"reported in a Form 4 insider trading report"
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.
FAQ
What insider transaction did WTTR Chief Accounting Officer report?
Select Water Solutions Chief Accounting Officer Brian Szymanski reported an open-market sale of 20,000 Class A Common Stock shares at $17.04 per share. The transaction occurred on May 11, 2026, and was disclosed in a Form 4 insider trading report.
Was the WTTR insider transaction a buy or a sell?
The transaction was a sell. The Form 4 shows an open-market sale of 20,000 Class A Common Stock shares by the Chief Accounting Officer, with the transaction coded as an “S” sale and labeled as a non-derivative open-market transaction.
Does the WTTR Form 4 show any option exercises or derivatives?
No derivative activity is shown in the provided data. The Form 4 excerpt only reports a non-derivative open-market sale of Class A Common Stock, and the derivativeSummary field is empty, indicating no options or similar instruments reported in this filing.