Ortowski Cody 4/A
4/A · Select Water Solutions, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Select Water Solutions (WTTR) EVP Cody Ortowski Receives 32,552-Share Award
What Happened
Cody Ortowski, EVP of Business Strategy at Select Water Solutions (WTTR), was granted 32,552 restricted shares on Feb 24, 2026 (award reported on Form 4). To satisfy tax withholding obligations related to the vesting, 14,694 shares were disposed/withheld by the issuer at an implied value of $13.65 per share, totaling $200,573. The grant is reported at $0.00 per share because it is restricted stock awarded under the company plan.
Key Details
- Transaction date: February 24, 2026 (reported via Form 4 filed Feb 26, 2026; this filing is an amendment).
- Award: 32,552 restricted shares granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan.
- Withholding/disposition: 14,694 shares withheld/disposed at $13.65 per share for $200,573 to cover tax liabilities (transaction code F).
- Vesting: The restricted stock vests 1/3 on Feb 24, 2027, 1/3 on Feb 24, 2028, and 1/3 on Feb 24, 2029 (footnote).
- Amendment note: This Form 4 is amended to report indirectly beneficially owned securities that were inadvertently omitted from the original Form 4; no additional transactions occurred since the original filing.
Context
This filing reflects an equity award (not an open-market purchase) and a routine tax-withholding disposition by the issuer. Awards and tax withholding transactions are common compensation events and do not, by themselves, indicate an insider buying or selling shares for investment reasons.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-24+32,552→ 417,066 total - Tax Payment
Class A Common Stock
[F2]2026-02-24$13.65/sh−14,694$200,573→ 402,372 total
- 1,120,437(indirect: By Proactive Investments, LP)
Class A Common Stock
[F3]
Footnotes (3)
- [F1]These shares of restricted stock, granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan, will vest 1/3 on February 24, 2027, 1/3 on February 24, 2028, and 1/3 on February 24, 2029.
- [F2]Represents shares to be withheld by Select Water Solutions, Inc. (the "Issuer") to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of certain restricted stock.
- [F3]This amendment to Form 4 is being filed to report the number of securities indirectly beneficially owned by the reporting person, which was inadvertently omitted from the original Form 4 filed on February 26, 2026. No additional transactions have occurred since the date of the original filing.