Szymanski Brian 4
4 · Select Water Solutions, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Select Water Solutions (WTTR) CAO Brian Szymanski Receives Award
What Happened Brian Szymanski, Chief Accounting Officer of Select Water Solutions (WTTR), had 17,885 performance share units (PSUs) vest on March 5, 2026, resulting in the issuance of 17,885 shares to him (award). To satisfy tax withholding obligations upon vesting, 7,843 of those shares were withheld (disposed) at an implied per-share value of $14.03, representing about $110,037.
Key Details
- Transaction date: March 5, 2026 (reported on Form 4 filed March 9, 2026).
- Award (Code A): 17,885 shares issued at $0.00 (PSUs vested).
- Tax withholding (Code F): 7,843 shares withheld/disposed at $14.03 each, totaling $110,037.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: PSUs were earned under an award granted Feb 24, 2023; withheld shares were surrendered to satisfy tax withholding.
- Timeliness: Form 4 was filed on March 9, 2026, which is within the SEC’s two-business-day filing requirement for a March 5 transaction.
Context This was a vesting of previously granted PSUs (not a market purchase or a voluntary sale). The withholding of shares to cover taxes is a routine administrative step (common after vesting) and doesn’t necessarily indicate the insider is selling shares for investment reasons. The award increased his beneficial holdings in the company (minus the withheld shares), and the filing simply reports the vesting and withholding events.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-05+17,885→ 142,595 total - Tax Payment
Class A Common Stock
[F2]2026-03-05$14.03/sh−7,843$110,037→ 134,752 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.