Skarke Michael 4

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.