Szymanski Brian 4

What Happened

• Brian Szymanski, Chief Accounting Officer of Select Water Solutions, was granted 18,988 shares of restricted stock on 2026-02-24 (transaction code A). The grant is recorded at $0 on the Form 4 because these are restricted shares, not an open-market purchase.
• At the same time, 11,022 shares were withheld (transaction code F) by the issuer to satisfy tax withholding obligations arising on the vesting event. Those withheld shares were recorded as disposed at $13.65 per share for a total of $150,450.

Key Details

• Transaction dates: 2026-02-24 (grant and withholding); Form 4 filed 2026-02-26 (timely filing).
• Grant: 18,988 restricted shares (recorded at $0 on Form 4).
• Withheld/Disposed: 11,022 shares at $13.65 each = $150,450 (tax withholding).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — the restricted shares vest 1/3 on 2/24/2027, 1/3 on 2/24/2028, and 1/3 on 2/24/2029. F2 — the 11,022 shares were withheld by the issuer to satisfy the Reporting Person’s tax withholding obligations.
• Filing timeliness: Filing appears timely (transaction 2/24/2026; Form 4 filed 2/26/2026).

Context

• This is primarily a compensation grant (restricted stock award), which is a routine non-market purchase rather than a bullish open-market buy. The simultaneous withholding is a common method to cover tax obligations and does not necessarily indicate a change in insider sentiment.
• For retail investors, awards matter for understanding executive compensation and potential future dilution as the restricted shares vest according to the schedule noted above.