Lyons Michael James 4
4 · Select Water Solutions, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Select Water Solutions EVP Michael Lyons Receives Restricted Stock
What Happened
Michael James Lyons, EVP, CSO & CTO of Select Water Solutions, was granted 34,221 restricted shares on February 24, 2026 (award code A; acquisition priced at $0.00). On the same date the issuer withheld 7,821 shares (disposition code F) to satisfy tax withholding obligations at an effective price of $13.65 per share, totaling $106,757. This filing reports a compensation-related award and a routine tax-withholding share disposition—not an open-market buy or sale.
Key Details
- Transaction date: 2026-02-24 (Form 4 filed 2026-02-26 — timely filing).
- Grant: 34,221 restricted shares granted @ $0.00 (award).
- Withholding/disposition: 7,821 shares withheld @ $13.65 = $106,757 to satisfy tax obligations.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: The 34,221 restricted shares vest 1/3 on Feb 24 of 2027, 2028 and 2029.
- F2: Withheld shares were retained by the issuer to satisfy tax withholding arising upon vesting of certain restricted stock.
- Transaction codes: A = award/grant, F = tax withholding; no 10b5-1 plan or late filing indicated.
Context
Restricted stock grants are common executive compensation; they vest over time and are not the same as an immediate market purchase. The withheld shares to cover taxes are routine and reflect tax obligations tied to equity compensation rather than a directional bet on the stock. For investors, newly awarded shares signal continued compensation alignment with management but are less informative than open-market insider purchases or sales.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-24+34,221→ 145,244 total - Tax Payment
Class A Common Stock
[F2]2026-02-24$13.65/sh−7,821$106,757→ 137,423 total
Footnotes (2)
- [F1]These shares of restricted stock, granted under the Select Water Solutions, Inc. 2024 Equity Incentive Plan, will vest 1/3 on February 24, 2027, 1/3 on February 24, 2028, and 1/3 on February 24, 2029.
- [F2]Represents shares to be withheld by Select Water Solutions, Inc. (the "Issuer") to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of certain restricted stock.