OIL STATES INTERNATIONAL, INC·4

Feb 17, 11:07 AM ET

Moses Philip Scott 4

Research Summary

AI-generated summary

Updated

OIL STATES (OIS) COO Moses Scott Surrenders 22,437 Shares for Taxes

What Happened
Moses Philip Scott, Chief Operating Officer of Oil States International, surrendered a total of 22,437 shares to cover tax withholding tied to the vesting of prior restricted stock awards. The transactions occurred on 2026-02-16 at an effective per-share value of $9.40, for proceeds withheld of $84,581 (8,998 shares) and $126,327 (13,439 shares), totaling $210,908. This was a tax-withholding share surrender (routine), not an open-market sale or a purchase.

Key Details

  • Transaction date: 2026-02-16; Form 4 filed: 2026-02-17 (timely).
  • Share details:
    • 8,998 shares surrendered @ $9.40 = $84,581
    • 13,439 shares surrendered @ $9.40 = $126,327
    • Total surrendered: 22,437 shares for $210,908
  • Transaction code: F (tax withholding). Footnote F1: "Shares surrendered for payment of tax liability incident to vesting of prior restricted stock awards."
  • Shares owned after the transaction: not provided in the information you supplied; check the full Form 4 for post-transaction holdings.
  • Not a market sale or purchase — no cash proceeds to the insider; shares were withheld to satisfy tax obligations.

Context
Surrenders for tax withholding are common when restricted stock vests and generally reflect routine administrative tax payment, not a directional bet on the stock. Because these were withheld by the company to cover taxes (a cashless withholding), they do not indicate an open-market sale or new insider buying activity.