Select Water director sells 65,000 WTTR shares

Select Water Solutions, Inc. director Richard Alan Burnett reported open-market sales of Class A Common Stock over two days.

Accepted by SEC EDGAR 05/18/2026 - 05:29 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Select Water Solutions, Inc. director Richard Alan Burnett reported open-market sales of Class A Common Stock over two days. On May 14, 2026, he sold 19,684 shares at a weighted average price of $18.73 per share. On May 15, 2026, he sold an additional 45,316 shares at a weighted average price of $18.74 per share, for total reported sales of 65,000 shares. After these transactions, Burnett directly held 71,578 shares of Select Water Solutions Class A Common Stock.

Insider Trade Summary

Net Seller: 65,000 shares

Net Sell 2 txns

Insider Burnett Richard Alan

Role Director

Sold 65,000 shs ($1.22M)

Share of Position Sold 47.6%

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	45,316	$18.74	$849K
Sale	Class A Common Stock	19,684	$18.73	$369K

Holdings After Transaction: Class A Common Stock — 71,578 shares (Direct)

Holdings Before and After: Class A Common Stock, 136,578 to 71,578 shares (Direct)

Other Insiders: 3 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. This transaction was executed in multiple trades at prices ranging from $18.70 USD to $18.795 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.
2. F2. This transaction was executed in multiple trades at prices ranging from $18.70 USD to $18.79 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.

Key Figures

Total shares sold: 65,000 shares Shares sold May 14, 2026: 19,684 shares Shares sold May 15, 2026: 45,316 shares +4 more

7 metrics

Total shares sold 65,000 shares Net shares sold across May 14–15, 2026

Shares sold May 14, 2026 19,684 shares Open-market sale at weighted average $18.73

Shares sold May 15, 2026 45,316 shares Open-market sale at weighted average $18.74

Weighted average price May 14 $18.73 per share Class A Common Stock open-market sale

Weighted average price May 15 $18.74 per share Class A Common Stock open-market sale

Shares held after transactions 71,578 shares Direct holdings following May 15, 2026 sale

Net buy/sell direction -65,000 shares Net-sell across reported transactions

Key Terms

open-market sale, Class A Common Stock, weighted average sale price, multiple trades, +1 more

5 terms

open-market sale financial

"transaction_action: "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.

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.

weighted average sale price financial

"the price reported above reflects the weighted average sale price"

multiple trades financial

"This transaction was executed in multiple trades at prices ranging from $18.70 USD"

Form 4 regulatory

"within the ranges set forth in this footnote to this 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did WTTR director Richard Alan Burnett report?

Richard Alan Burnett reported two open-market sales of Select Water Solutions Class A Common Stock totaling 65,000 shares. The transactions occurred on May 14 and 15, 2026, and were reported on a Form 4 insider trading filing.

At what prices did WTTR shares sell in Burnett’s May 2026 Form 4?

Burnett’s reported sales used weighted average prices of $18.73 per share on May 14, 2026, and $18.74 per share on May 15, 2026. Footnotes state trades were executed in multiple transactions within narrow price ranges around these averages.

How many WTTR shares does Richard Alan Burnett hold after these sales?

After the reported transactions, Richard Alan Burnett directly holds 71,578 shares of Select Water Solutions Class A Common Stock. This figure reflects his position immediately following the May 15, 2026 open-market sale reported on the Form 4.

How many WTTR shares did Burnett sell in total according to this Form 4?

Across two open-market sales, Burnett disposed of 65,000 shares of Select Water Solutions Class A Common Stock. He sold 19,684 shares on May 14, 2026, and 45,316 shares on May 15, 2026, as detailed in the filing.

Were Burnett’s WTTR sales single trades or multiple executions?

The Form 4 footnotes state each day’s WTTR sale was executed in multiple trades within price ranges around $18.70–$18.79. The reported per-share prices of $18.73 and $18.74 represent weighted average sale prices for those multiple executions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Burnett Richard Alan

(Last) (First) (Middle)

1820 N I-35

(Street)

GAINESVILLE TEXAS 76240

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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

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

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

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	05/14/2026		S		19,684	D	$18.73(1)	116,894	D
Class A Common Stock	05/15/2026		S		45,316	D	$18.74(2)	71,578	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. This transaction was executed in multiple trades at prices ranging from $18.70 USD to $18.795 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.

2. This transaction was executed in multiple trades at prices ranging from $18.70 USD to $18.79 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.

Remarks:

	/s/ Richard Alan Burnett by Calla J Hackler, as Attorney-in-Fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)