Ortowski Cody 4

4 · Select Water Solutions, Inc. · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 11, 2026

Select Water Solutions (WTTR) EVP Cody Ortowski Receives 20,005-Share Award

What Happened

Cody Ortowski, EVP of Business Strategy at Select Water Solutions (WTTR), received 20,005 shares on 2026-02-09 when performance share units (PSUs) vested. The award is reported as an acquisition (code A) at $0 per share.
Concurrently, 8,393 shares were withheld by the company (reported as code F) to satisfy tax withholding obligations; those withheld shares were valued at $12.96 each for a total withholding value of $108,773.
Net shares added to Ortowski’s holdings from this vesting event = 11,612 shares (20,005 granted minus 8,393 withheld).

Key Details

Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (appears timely).
Grant: 20,005 shares acquired at $0.00 (PSU vesting).
Withholding: 8,393 shares withheld at $12.96 = $108,773 to cover taxes (reported as disposed under code F).
Shares owned after transaction: Not specified in the provided filing details.
Footnotes: F1 — PSUs were earned under a Feb 24, 2023 award after meeting performance conditions; F2 — withheld shares satisfy tax withholding on vesting.

Context

This was a vesting of performance-based equity (PSUs), not an open-market purchase or voluntary sale. The withholding is a routine cashless tax settlement and does not indicate an independent sale for investment purposes.
For retail investors, awarded shares from PSU vesting are a common form of executive compensation; the key takeaway is the executive received equity, with a portion automatically withheld to meet tax obligations.

Form 4

Period: 2026-02-09

EVP, Business Strategy

Transactions

Award
Class A Common Stock
[F1]
2026-02-09+20,005→ 392,907 total
Tax Payment
Class A Common Stock
[F2]
2026-02-09$12.96/sh−8,393$108,773→ 384,514 total

Holdings

Footnotes (2)

[F1]The reported shares are represented by performance share units ("PSUs") earned pursuant to the terms of a performance share unit award granted on February 24, 2023, to the reporting person for which the performance conditions were satisfied.
[F2]Represents shares to be withheld by Select Water Solutions, Inc., a Delaware corporation ("the Issuer") to satisfy tax withholding obligations of the reporting person that arose upon vesting of the PSUs.

Signature

/s/ Ortowski, Cody J by Calla Hackler, as Attorney-in-Fact|2026-02-10

2 files