Oil States International (NYSE: OIS) awards 13,357 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moses Philip Scott reported acquisition or exercise transactions in this Form 4 filing.
Oil States International, Inc. executive vice president and chief operating officer Philip Scott Moses received a grant of 13,357 shares of common stock as a service-based restricted stock award. The shares were granted at $0.0000 per share as equity compensation.
The award vests in three equal annual installments beginning on May 1, 2027, tying full ownership to continued service over time. Following this grant, Moses directly holds a total of 737,343.688 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moses Philip Scott
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,357 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 737,343.688 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 13,357 shares
Grant price per share: $0.0000 per share
Total shares after grant: 737,343.688 shares
+1 more
4 metrics
Restricted stock grant
13,357 shares
Service-based award to EVP & COO on May 1, 2026
Grant price per share
$0.0000 per share
Equity compensation, not open-market purchase
Total shares after grant
737,343.688 shares
Direct holdings following the reported transaction
Vesting installments
3 equal annual installments
Vesting begins May 1, 2027
Key Terms
service-based restricted common stock award, Second Amended and Restated Equity Participation Plan, vests in three equal annual installments, restricted common stock
4 terms
service-based restricted common stock award financial
"Service-based restricted common stock award under the Company's Second Amended and Restated Equity Participation Plan"
Second Amended and Restated Equity Participation Plan financial
"award under the Company's Second Amended and Restated Equity Participation Plan that vests"
vests in three equal annual installments financial
"that vests in three equal annual installments beginning 5/1/2027"
restricted common stock financial
"Service-based restricted common stock award under the Company's Second Amended and Restated Equity Participation Plan"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
FAQ
What insider transaction did Oil States International (OIS) report for Philip Scott Moses?
Oil States International reported that EVP and COO Philip Scott Moses received a grant of 13,357 shares of common stock. This is a service-based restricted stock award granted at $0.0000 per share as part of his equity compensation.
What is the vesting schedule for the restricted stock awarded by Oil States International (OIS)?
The restricted common stock award vests in three equal annual installments beginning May 1, 2027. This means the executive gains full ownership gradually over three years, encouraging continued service and alignment with company performance.
Is the Oil States International (OIS) Form 4 transaction an acquisition or a sale?
The Form 4 reports an acquisition via a grant, coded as a grant, award, or other acquisition. Philip Scott Moses received 13,357 restricted shares as compensation, and there were no reported open-market purchases or sales in this particular filing.