WTTR Select Water Solutions, Inc. Insider Trading

Crestview Partners II Gp, LP sold 3,250,000 shares (100% of holdings) for $61,490,000.00 at $18.92/share

Crestview Partners II Gp, LP, a 10% owner, executed 2 separate sales totaling 3,250,000 shares for $61,490,000.00 on 2026-05-19 at a blended average price of $18.92, reducing its holding to 0 shares. The current price of $19.64 represents -4.1% from the 52-week high of $20.48, and the stock has posted +27.1% gains over 30 days and +54.3% over 90 days. At the same ticker, the insider's prior 2 trades (both on 2026-04-08) each showed 30d returns of +11.1% and 90d returns of +31.6%, with 0 of 2 prior sells well-timed at the 90-day mark, reflecting a pattern where post-sale price appreciation has followed these transactions. The complete liquidation of a material 10% stake warrants investor attention to any associated disclosure regarding the motivations or plans of this significant shareholder.

Director Burnett Richard Alan sold 65,000 shares (47.6% reduction) in 2 transactions for $1,217,903.16 at WTTR

Richard Alan Burnett, a Director at Select Water Solutions, Inc., executed two separate sales on consecutive trading days, disposing of 65,000 shares for a combined $1,217,903.16 at a blended average price of $18.74. This represents a 47.6% reduction in his pre-transaction holdings from 136,578 shares to 71,578 shares. The stock trades at $19.56 currently, compared to the 52-week high of $19.04 and within the 52-week range of $7.82–$19.04, and has posted significant recent momentum: +31.5% over 30 days and +47.5% over 90 days. The company carries a P/E of 36.22 against a market cap of $788.9M and latest-quarter revenue of $365,958,000.00, though annual revenue growth contracted by 3.1% year-over-year. A substantial and concentrated reduction in a director-level stake during a period of elevated share price momentum merits attention to underlying company fundamentals and the director's confidence trajectory.

EVP & COO Skarke sells 110,000 shares for $1.9M as WTTR rallies; continuation of prior selling pattern.

Michael Skarke, the company's EVP and COO, executed two sales totaling 110,000 shares over two days, disposing of roughly a quarter of his holdings. The stock was trading near its 52-week high and has rallied sharply over the prior three months, creating a backdrop where an executive might decide to take chips off the table. However, this is not Skarke's first open-market sale in recent years—this marks his third and fourth sales in the 36-month window, suggesting a deliberate pattern of piecemeal reduction rather than a one-time rebalancing. The company itself is profitable and growing meaningfully, so the sales do not reflect fundamental distress. Without additional context on Skarke's overall compensation, equity vesting schedule, or stated reasons for the transactions, the sales read as portfolio management rather than a red flag on company trajectory. That said, a C-suite executive reducing holdings while the stock is near highs warrants watching to see if other insiders follow suit.

Director Robert V. Delaney sold 3,096,223 shares for $46,814,891.76 in two transactions on 2026-04-08 at $15.12/share.

Robert V. Jr. Delaney executed two separate sales totaling 3,096,223 shares for $46,814,891.76 at a blended average price of $15.12. These transactions eliminated his non-derivative holdings, reducing his Form 4 Table I position from 3,096,223 shares to zero shares. The FLAG notes this filing contains a derivative-conversion transaction, meaning the insider's actual position resides in Form 4 Table II (derivative securities), which is not yet populated in the database. The size and timing of these sales—a $46.8M divestment in two discrete transactions on the same date—warrant investor attention, though interpretation is constrained pending visibility of the derivative holdings that represent the insider's real economic exposure.

CEO John Schmitz sells 50,757 shares (50.8K) at blended average $13.02 for $661,026.89 across 2 trades; remains substantial holder with 599.5K shares post-transaction

John Schmitz, President & CEO of Select Water Solutions, executed 2 separate sales totaling 50,757 shares for $661,026.89, reducing his holdings by 7.8% to 599,482 shares. The sales occurred on 2026-02-06 and 2026-02-09 at blended average price of $13.02, just below the stock's 52-week high of $13.40. Stock performance shows 30-day change: +14.2% and 90-day change: +17.6%, while annual revenue growth contracted -8.4% and the company trades at a P/E of 25.96 on net income of $2.7M. Schmitz's cross-ticker track record shows 20 prior sells with avg 90d return of +15.2% (poorly-timed sells overall, as the stock rose after), though this ticker-specific interpretation is limited by his most recent prior sales at WTTR (5 trades on 2025-12-05, each showing 30d return of -1.1%) not yet reaching measurable 90-day outcomes.

WTTR CEO Schmitz sells 281,493 shares for $3.1M across two days; holdings reduced 90.0% to 31,373 shares post-transaction

John Schmitz, President & CEO of Select Water Solutions, executed 14 separate sales totaling 281,493 shares for $3,142,869.45 between December 4–5, 2025, at prices near $11.15–$11.21. This represents a 90.0% reduction in his pre-transaction holdings (from 312,866 shares to 31,373 shares), a near-complete liquidation of his position. The stock now trades at $11.06 current price, below the 52-week high of $14.89 by 25.7%, yet up 31.5% over the trailing 90 days—suggesting the sales occurred in a phase of strength recovery. Annual revenue is declining (-8.4% year-over-year) despite a $322.2M quarterly revenue base, and the company is generating net income of only $2.7M at a 22.57 P/E multiple, indicating modest profitability relative to market valuation. A concentrated multi-transaction sale of this magnitude by the chief executive, executed as separate line items over consecutive trading days, warrants scrutiny of whether operational or financial concerns prompted the liquidation.

CEO Schmitz sells 313,867 shares (313.9K) for $3.5M in 21 transactions, reducing stake 89.5% to 36.6K shares

CEO John Schmitz executed 21 separate sales totaling 313,867 shares for $3,474,222.06 across three trading days (2025-11-10 through 2025-11-12) at an average price of $11.07 per share, leaving him with only 36,634 shares post-transaction versus 350,501 pre-transaction holdings. This represents a 89.5% reduction in his direct equity stake in Select Water Solutions. The insider's prior three trades at WTTR all showed negative 90-day returns (-25.9%, -6.8%, -8.1%), establishing a pattern of well-timed sales at this ticker; the stock currently trades at $10.10, off 32.7% from its 52-week high of $15.00. The company faces near-term headwinds: annual revenue declined 8.4% year-over-year, net income is thin at $2.7M on $322.2M in revenue (P/E 20.61), and the 90-day positive performance (+27.7%) masks a broader downtrend from the 52-week peak that the CEO's prior sales have successfully anticipated.

CEO John Schmitz sold 73,450 shares of WTTR at $13.03; stock down 15.5% from 52-week high, 90d pattern shows prior sells preceded declines.

John Schmitz, President/CEO of Select Water Solutions, sold 73,450 shares at $13.03 on 2025-02-14, reducing holdings from 2.90M to 2.83M shares (-2.5%). The sale occurred as the stock trades 15.5% below its 52-week high of $15.00, and down 9.8% over 30 days and 13.0% over 90 days. Notably, across his prior two sales at WTTR (both in November 2024), the stock subsequently declined 90 days after each sale, suggesting a pattern of well-timed exit timing at this specific ticker. However, the company's annual revenue contracted 8.4% year-over-year, and the current P/E of 31.70 sits elevated relative to a market cap of $511.4M and net income of $15.8M, which may contextualize management's decision to liquidate shares in a declining business environment. This filing does not establish a material change in overall conviction, as Schmitz retains 2.83M shares post-transaction.

WTTR CEO Schmitz sells 300,000 shares for $4,127,250 across two trades at $13.93 and $13.70

CEO John Schmitz executed two separate sales totaling 300,000 shares for $4,127,250, reducing his holdings by 9.3% from 3,225,128 to 2,925,128 shares. The transactions occurred on 2024-11-08 at $13.93 and 2024-11-11 at $13.70 against a current price of $13.88, placing the sales near the company's 52-week high of $14.26 where the stock is currently -2.7% below. Notably, the stock has surged +20.4% over 30 days and +27.1% over 90 days, representing a significant run-up preceding the sale. Against a solid valuation context—P/E of 9.38, net income of $15.8M, and annual revenue growth of +14.3%—the sale by the company's chief executive at elevated price levels after a material rally warrants investor attention to understand the strategic rationale.