Moses Philip Scott 4
Research Summary
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Oil States (OIS) COO Moses Philip Scott Receives 28,471-Share Award
What Happened Moses Philip Scott, Chief Operating Officer of Oil States International, received 28,471 performance-based restricted stock units (RSUs) on 2026-02-18 upon certification of a performance metric. The award was recorded at $0.00 per share (grant/vesting). To satisfy tax withholding obligations tied to the vesting, 11,203 shares were surrendered at an effective value of $9.43 per share, totaling approximately $105,644. The filing was submitted on 2026-02-19 reporting the 2026-02-18 transaction.
Key Details
- Transaction dates: 2026-02-18 (award/vesting and tax withholding); Form 4 filed 2026-02-19.
- Transactions reported: A (Award/Grant) — 28,471 shares @ $0.00 (acquired); F (Tax withholding) — 11,203 shares @ $9.43 (surrendered) = $105,644.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 — these RSUs were performance-based awards from Feb 16, 2023 tied to cumulative EBITDA over 2023–2025; F2 — the 11,203 shares were surrendered to pay tax liability on vesting.
- Timeliness: Filing appears timely (reported the day after the vesting date).
Context This was a performance-based RSU vesting, not an open-market purchase or sale for investment purposes. Surrendering shares to cover taxes is a routine administrative step and does not necessarily indicate the insider’s view of the stock. The award reflects achievement of a multi-year EBITDA target certified by the Compensation Committee.