Fielder Robin H 4

What Happened
Robin H. Fielder, a director of Select Water Solutions, Inc. (WTTR), sold 27,010 shares in an open-market transaction on May 8, 2026, for a weighted-average price of $16.80, generating proceeds of about $453,768. Two days earlier (May 6, 2026) Fielder was granted 9,446 shares of restricted stock (no cash paid) under the company’s 2024 Equity Incentive Plan; those restricted shares vest on May 6, 2027. The sale is an open-market disposition (code S) and the grant is an award (code A).

Key Details

• Transaction dates and prices:
  • Award: 9,446 restricted shares granted on 2026-05-06 at $0.00 (A). Vesting: May 6, 2027 (Footnote F1).
  • Sale: 27,010 shares sold on 2026-05-08; weighted-average price $16.80; sale price range $16.55–$16.95 across multiple trades (Footnote F2).
• Proceeds from sale: approximately $453,768.
• Shares owned after transaction: not specified in the provided Form 4 details.
• Filing timeliness: Form 4 was filed on 2026-05-08 and appears timely relative to the reported transaction dates.
• Footnotes: F1 notes the restricted stock vests 5/6/2027; F2 explains the sale was executed in multiple trades and the filer can provide per-price breakdown on request.

Context

• The award is restricted stock that vests over time (one-year vesting noted); such grants are common as compensation and do not indicate an immediate cash outlay.
• The open-market sale was executed across multiple trades; sales by directors can be routine (liquidity, diversification, tax planning) and do not by themselves reveal the insider’s view on the company.
• Purchases typically carry more direct bullish signaling than sales; this filing shows a mix of a grant (compensation) and a sizable open-market sale.