Skarke Michael 4
4 · Select Water Solutions, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Select Water (WTTR) EVP Michael Skarke Receives PSU Award
What Happened
- Michael Skarke, EVP & COO of Select Water Solutions, received 21,375 shares on 2026-02-09 pursuant to performance share units (PSUs) that vested. The award is reported as an acquisition (code A) at $0.00 (PSUs converting to shares).
- To satisfy tax withholding obligations, 8,914 of those shares were withheld (reported as a disposition, code F) at $12.96 per share for a withholding value of $115,525. Net shares delivered to Skarke after withholding: 12,461 (21,375 − 8,914). The gross value of the vested award at $12.96/share is about $277,020; net value retained is about $161,495.
Key Details
- Transaction date: 2026-02-09; Form filed 2026-02-10 (timely filing).
- Award: 21,375 shares (code A) reported at $0.00 (PSUs vesting).
- Withholding: 8,914 shares withheld (code F) at $12.96/share = $115,525 to satisfy tax obligations.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1—shares represent PSUs earned from a 2/24/2023 PSU award whose performance conditions were satisfied; F2—shares withheld by the company to satisfy tax withholding on vesting.
- Transaction codes explained: A = award/grant (acquisition), F = tax withholding/disposition.
Context
- This was not a market purchase or open-market sale; it reflects PSUs vesting into shares and the company withholding shares to cover taxes (a common, administrative transaction). No immediate sale of remaining shares is reported in this filing.
- For retail investors, vested awards indicate compensation realization by the executive but do not by themselves signal a buy or sell opinion; tax-withholding dispositions are routine.
Insider Transaction Report
Form 4
Skarke Michael
EVP & COO
Transactions
- Award
Class A Common Stock
[F1]2026-02-09+21,375→ 439,098 total - Tax Payment
Class A Common Stock
[F2]2026-02-09$12.96/sh−8,914$115,525→ 430,184 total
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/ Skarke, Michael C. by Calla Hackler, as Attorney-in-Fact|2026-02-09