Select Water Solutions (WTTR) CFO has 730 shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Select Water Solutions EVP & CFO George Christopher Kile reported a tax-related share withholding on Class A Common Stock. On this Form 4, 730 shares were disposed of at $17.99 per share to cover tax obligations arising from the vesting of restricted stock. After this withholding, Kile directly holds 340,275 shares of Class A Common Stock. The transaction reflects a routine tax-withholding event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
George Christopher Kile
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 730 | $17.99 | $13K |
Holdings After Transaction:
Class A Common Stock — 340,275 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 730 shares
Withholding price per share: $17.99 per share
Shares held after transaction: 340,275 shares
3 metrics
Shares withheld for taxes
730 shares
Class A Common Stock, tax-withholding disposition
Withholding price per share
$17.99 per share
Value used for tax-withholding disposition
Shares held after transaction
340,275 shares
Direct holdings following Form 4 transaction
Key Terms
restricted stock, tax withholding obligations, Class A Common Stock, Form 4
4 terms
restricted stock financial
"arose upon the vesting of certain restricted stock"
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.
tax withholding obligations financial
"to satisfy tax withholding obligations of the Reporting Person"
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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 EVP & CFO George Christopher Kile report?
George Christopher Kile reported a tax-related disposition of 730 shares of Select Water Solutions Class A Common Stock. The shares were withheld by the company to satisfy tax obligations triggered when certain restricted stock vested.
What does transaction code F mean in this WTTR Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. Here, 730 shares of Class A Common Stock were withheld to satisfy George Christopher Kile’s tax withholding obligations tied to restricted stock vesting.