CEO John Schmitz Buys 250,000 Restricted Shares of Select Water Solutions, Signaling Strong Long‑Term Confidence in Company’s Growth Trajectory.

Insider Activity Highlights the CEO’s Confidence in a Bullish Outlook The latest filing on July 16, 2026 shows President & CEO John Schmitz purchasing 250,000 shares of Select Water Solutions’ Class A common stock at no cost as part of a restricted‑stock grant under the 2024 Equity Incentive Plan. The transaction is essentially a “buy” of restricted shares that will vest in two equal portions in 2028. With the stock trading around $20.33, Schmitz’s decision to add to his equity position—despite a recent sell of 49,420 shares at $14.03 earlier in March—suggests a bullish view on the company’s trajectory and a belief that the shares will appreciate as the 2024‑2028 incentive plan matures.

Implications for Investors The timing of the purchase, coupled with the 15‑month rally that has lifted the share price 117 % year‑to‑date, indicates that insiders are confident that the company’s water‑management solutions will continue to drive growth. For long‑term investors, this activity signals a reduced risk of a sudden sell‑off by the CEO. However, the restricted nature of the shares means that the immediate market impact is minimal; the true signal will be seen when the first half of the shares vest in July 2028. Until then, traders can watch for a potential spike in volume when the vesting dates approach, as it may attract additional institutional purchases.

A Profile of John Schmitz Through Transaction Patterns Schmitz’s insider activity over the past year shows a pattern of strategic buying and selling that aligns with his role as a catalyst for growth. He has sold large blocks of shares during periods of market volatility (e.g., February 2026 sales at ~$13.65) and replenished positions when the stock rallied (e.g., March 2026 buys at $0.00 and later at $14.03). The recent restricted‑stock grant demonstrates a long‑term commitment: the plan’s vesting schedule aligns with the company’s 5‑year growth strategy, and the grant itself is sizable—over 500,000 shares after the transaction. Combined with his history of buying performance share units (PSUs) that vest in 2029, Schmitz’s actions underscore a belief that the company’s value will continue to rise through 2029 and beyond.

What This Means for the Company’s Future Select Water Solutions operates in a niche yet expanding market, providing real‑time water‑data and disposal services to the oil‑and‑gas sector. The CEO’s recent insider purchases reinforce management’s confidence that the company’s solutions—particularly its digital platform and filtration technology—will capture a larger share of the $20 billion water‑management industry. With a market cap of roughly $2.86 billion and a price‑to‑earnings ratio of 97.5, the stock is still viewed as growth‑oriented. The combination of insider support, robust quarterly earnings growth, and a favorable industry tailwind suggests that Select Water Solutions is well positioned to benefit from the ongoing shift toward data‑driven operations in upstream oil and gas.

Takeaway for Investors While the CEO’s restricted‑stock purchase is a modest addition to the outstanding shares, it carries a meaningful signal of confidence. Investors should view this as a positive reinforcement of the company’s growth strategy and an early indicator of future equity incentives that could boost the stock’s long‑term upside. Monitoring the vesting dates for the restricted shares and PSUs will provide further insight into the company’s capital allocation strategy and potential dilution, helping traders and long‑term holders make informed decisions about their positions in Select Water Solutions.