WTTR CFO awarded 25,674 shares; 10,103 withheld for taxes
Select Water Solutions EVP & CFO George Christopher Kile reported equity compensation activity involving Class A Common Stock.
Rhea-AI Filing Summary
Select Water Solutions EVP & CFO George Christopher Kile reported equity compensation activity involving Class A Common Stock. He acquired 25,674 shares through performance share units that were earned under a February 24, 2023 award after performance conditions were satisfied. On the same day, 10,103 shares were disposed of to cover tax withholding obligations upon vesting of those units, leaving him with 341,005 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
George Christopher Kile
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 25,674 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 10,103 | $14.03 | $142K |
Holdings After Transaction:
Class A Common Stock — 341,005 shares (Direct)
Footnotes (2)
- F1. The reported shares are represented by performance share units ("PSUs") earned pursuant to the terms of a performance share unit award granted on February 24, 2023, to the reporting person for which the performance conditions were satisfied.
- F2. Represents shares to be withheld by Select Water Solutions, Inc., a Delaware corporation ("the Issuer") to satisfy tax withholding obligations of the reporting person that arose upon vesting of the PSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WTTR EVP & CFO George Christopher Kile report?
He reported an equity award and related tax withholding. Kile acquired 25,674 Class A shares via earned performance share units, then disposed of 10,103 shares that were withheld by the company to satisfy tax obligations triggered by the vesting event.
What equity award did WTTR’s EVP & CFO receive in this Form 4 filing?
He received 25,674 shares represented by performance share units. These PSUs were granted on February 24, 2023 and became earned when specified performance conditions were satisfied, resulting in delivery of Class A Common Stock to Kile on the reported transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.