TAYLOR CINDY B 4
Research Summary
AI-generated summary
Oil States (OIS) CEO Cindy Taylor Receives 160,000-Share Award
What Happened
Cindy B. Taylor, President & CEO and a director of Oil States International, received a grant of 160,000 restricted common shares on 2026-02-19 (grant value listed at $0.00). On 2026-02-20 she surrendered 42,061 shares to satisfy tax withholding obligations related to a prior restricted stock award; those shares were valued at $12.53 each for a total of $527,024. The new award vests in three equal annual installments beginning 2/19/2027.
Key Details
- Transactions reported: 2026-02-19 (award of 160,000 shares, code A) and 2026-02-20 (share surrender of 42,061 shares for tax withholding, code F).
- Prices/values: Award reported at $0.00 per share; surrendered shares valued at $12.53 each, total ~$527,024.
- Vesting: The 160,000-share award is service-based, vesting in three equal annual installments beginning 2/19/2027 (footnote).
- Tax withholding: 42,061 shares were surrendered to cover tax liability incident to vesting of a prior restricted stock award.
- Shares owned after transaction: Not stated in the filing.
- Timeliness: Filing dated 2026-02-23 appears timely relative to the reported transaction dates.
Context
This filing reflects a compensation-related restricted stock grant and routine tax-withholding share surrender — not an open-market buy or sell. Awards that vest over time are common long-term incentive compensation for executives; the withholding action is a standard cashless method to pay withholding taxes and does not necessarily indicate a change in insider sentiment.