Skarke Michael 4
4 · Select Water Solutions, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Select Water (WTTR) EVP Michael Skarke Receives 29,450-Share Award
What Happened
- Michael Skarke, Executive Vice President & COO of Select Water Solutions, received 29,450 shares on March 5, 2026 as earned performance share units (PSUs). These shares were issued at $0.00 (award conversion).
- To satisfy tax withholding obligations, 11,589 of those shares were withheld/retired at $14.03 per share, representing approximately $162,594.
Key Details
- Transaction date: March 5, 2026 (reported on Form 4 filed March 9, 2026).
- Awarded/Acquired: 29,450 shares (code A) at $0.00 — these were PSUs that vested (per footnote F1).
- Tax withholding/Disposition: 11,589 shares withheld (code F) at $14.03/share = $162,594 (per footnote F2).
- Shares owned after the transaction: not specified in the provided filing.
- Filing timeliness: form filed March 9 for a March 5 transaction (check official filing for any late-report designation).
Context
- This was a vesting/issuance of performance-based shares (PSUs), not an open-market purchase or sale; the $0.00 acquisition price reflects award vesting.
- The withholding of 11,589 shares is a routine cashless-like action to cover withholding tax obligations and does not necessarily indicate a separate sale decision.
Insider Transaction Report
Form 4
Skarke Michael
EVP & COO
Transactions
- Award
Class A Common Stock
[F1]2026-03-05+29,450→ 482,327 total - Tax Payment
Class A Common Stock
[F2]2026-03-05$14.03/sh−11,589$162,594→ 470,738 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|2026-03-09