Burnett Richard Alan 4

What Happened

• Richard Burnett, a Director of Select Water Solutions, Inc. (WTTR), received a grant/award of 9,446 restricted shares on May 6, 2026. The Form 4 reports the acquisition price as $0.00 (acquired for no cash outlay), total reported cash value $0.
• This was an equity award (compensation), not an open-market purchase or sale — awards are routine for executives/directors and do not directly signal buying or selling intent.

Key Details

• Transaction date: 2026-05-06; reported acquisition price: $0.00 per share.
• Vesting: These restricted shares will vest on May 6, 2027 (footnote F1).
• Shares owned after transaction: Not provided in the information supplied here.
• Filing: Form 4 was filed on 2026-05-08, within the standard two-business-day reporting window (timely).

Context

• Restricted stock grants are common compensation that typically vest over time; recipients generally cannot sell the shares until vesting conditions are met.
• Because this is a compensation grant (code A = Award/Grant), it reflects company compensation practices rather than a director buying stock on the open market.