Select Water (WTTR) EVP receives 34,221 restricted shares, 7,821 withheld for taxes

Rhea-AI Filing Summary

Select Water Solutions EVP, CSO & CTO Michael James Lyons reported mixed equity movements in Class A common stock. He received a grant of 34,221 shares of restricted stock at $0.00 per share, awarded under the 2024 Equity Incentive Plan, scheduled to vest in three equal installments on February 24, 2027, February 24, 2028, and February 24, 2029. On the same date, 7,821 shares at $13.65 per share were withheld by the company to satisfy his tax obligations arising from the vesting of restricted stock. Following these transactions, he directly owned 137,423 shares of Class A common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lyons Michael James

(Last) (First) (Middle)

1820 N I-35

(Street)

GAINESVILLE TX 76240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Select Water Solutions, Inc. [ WTTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CSO & CTO

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/24/2026		A(1)		34,221	A	$0.00	145,244	D
Class A Common Stock	02/24/2026		F(2)		7,821	D	$13.65	137,423	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Michael James Lyons by Calla Hackler, as Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did WTTR executive Michael James Lyons report in this Form 4 filing?

Michael James Lyons reported a grant of 34,221 restricted Class A shares and a withholding of 7,821 shares for taxes. These transactions reflect routine equity compensation and tax settlement activity under Select Water Solutions, Inc.’s 2024 Equity Incentive Plan.

How many Select Water Solutions (WTTR) shares were granted to Michael James Lyons?

He was granted 34,221 shares of restricted Class A common stock at $0.00 per share. The award was issued under the 2024 Equity Incentive Plan and represents stock-based compensation rather than an open-market purchase of shares.

What is the vesting schedule for Michael James Lyons’ new WTTR restricted stock?

The 34,221 restricted shares will vest in three equal installments on February 24, 2027, February 24, 2028, and February 24, 2029. This staggered schedule ties the award’s full benefit to his continued service over several years.

Why were 7,821 WTTR shares disposed of in Michael James Lyons’ Form 4?

The 7,821 shares were withheld by Select Water Solutions to cover tax withholding obligations triggered by the vesting of certain restricted stock. This tax-withholding disposition did not represent an open-market sale initiated for investment reasons.

How many Select Water Solutions (WTTR) shares does Michael James Lyons own after these transactions?

After the grant and tax-withholding disposition, Michael James Lyons directly owned 137,423 shares of WTTR Class A common stock. This figure reflects his updated direct holdings following the equity award and related share withholding for taxes.

Was there any open-market buying or selling in this WTTR Form 4 by Michael James Lyons?

No open-market buying or selling is reported. The Form 4 shows a restricted stock grant at $0.00 per share and a tax-withholding disposition, where shares were retained by the issuer to satisfy tax liabilities tied to vesting.