Skarke Michael 4

What Happened
Michael Skarke, EVP & COO of Select Water Solutions (WTTR), was granted 38,394 restricted shares on 2026-02-24 (reported on Form 4). Simultaneously, 15,701 shares were withheld by the company to satisfy tax withholding obligations; those withheld shares were recorded at $13.65 each, totaling $214,319. The grant is recorded as an award (code A) and the share withholding for taxes is reported as a disposition for tax purposes (code F).

Key Details

• Transaction date: February 24, 2026; Form 4 filed Feb 26, 2026 (filed within the typical 2-business-day window).
• Award: 38,394 restricted shares, grant price $0.00.
• Tax withholding: 15,701 shares withheld at $13.65/share = $214,319 disposed to cover taxes.
• Vesting (footnote): The restricted shares vest 1/3 on Feb 24, 2027; 1/3 on Feb 24, 2028; 1/3 on Feb 24, 2029.
• Shares owned after transaction: Not disclosed in this Form 4.
• Codes: A = award/grant; F = shares withheld to satisfy tax withholding (routine, not an open-market sale).

Context
This was primarily a restricted stock award to an executive; the withholding of shares to cover taxes is a common administrative action and not an indication of an open-market sale or a change in investment sentiment. The vesting schedule means the shares are subject to future restrictions and will vest over three years.