Select Water Solutions insider sales disclosed; Family Trust at 1,746,548
Rhea-AI Filing Summary
Select Water Solutions (WTTR) President & CEO John D. Schmitz filed a Form 4 reporting open‑market sales of Class A Common Stock across multiple affiliated trusts on 11/10–11/12/2025. The Family Trust reported sales of 135,163 shares at $11.04 (weighted average; range per footnote (3)), 135,163 shares at $11.1 (weighted average; range per footnote (4)), and 8,453 shares at $11.04.
Additional sales were reported by Family Trusts for six children: 2,835 shares on 11/10, 2,835 shares on 11/11, and 178 shares on 11/12 for each trust, at prices shown. Following these transactions, the filing lists 1,746,548 shares beneficially owned by the Family Trust. Other reported holdings include 544,444 shares direct and indirect positions such as 300,000 shares by B‑29 Investments, LP, 539,388 and 539,387 by two GRATs, and 13,126 by B‑29 GP, LLC.
Positive
- None.
Negative
- None.
Insights
Routine insider sales disclosed; neutral governance signal.
WTTR reported insider transactions by CEO/Director John D. Schmitz via multiple trusts over three days, with weighted‑average prices noted and execution ranges provided in footnotes. These are standard open‑market sales and include post‑trade beneficial ownership balances for each account.
The filing lists both direct and indirect holdings across trusts and entities, clarifying ownership after the reported sales. Actual market impact depends on holder activity and float; the filing does not indicate strategic change.
Key anchors are the reported share counts per transaction and the Family Trust’s post‑transaction balance of 1,746,548 shares; subsequent filings would update any further changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,453 | $11.04 | $93K |
| Sale | Class A Common Stock | 178 | $11.04 | $2K |
| Sale | Class A Common Stock | 178 | $11.04 | $2K |
| Sale | Class A Common Stock | 178 | $11.04 | $2K |
| Sale | Class A Common Stock | 178 | $11.04 | $2K |
| Sale | Class A Common Stock | 178 | $11.04 | $2K |
| Sale | Class A Common Stock | 178 | $11.04 | $2K |
| Sale | Class A Common Stock | 135,163 | $11.10 | $1.50M |
| Sale | Class A Common Stock | 2,835 | $11.10 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.10 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.10 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.10 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.10 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.10 | $31K |
| Sale | Class A Common Stock | 135,163 | $11.04 | $1.49M |
| Sale | Class A Common Stock | 2,835 | $11.04 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.04 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.04 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.04 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.04 | $31K |
| Sale | Class A Common Stock | 2,835 | $11.04 | $31K |
| holding | Class Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Shares are held directly by the John David Schmitz 2024 Annuity Trust DTD November 13, 2024, of which the reporting person is the trustee. Shares are held directly by the Sandra Lee Schmitz 2024 Annuity Trust DTD November 13, 2024, of which the reporting person is the trustee. This transaction was executed in multiple trades at prices ranging from $11.0000 USD to $11.1600 USD; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to Select Water Solutions, Inc., a Delaware corporation (the "Issuer"), any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. This transaction was executed in multiple trades at prices ranging from $11.0000 USD to $11.2600 USD; the price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
