Crestview Partners II GP, L.P.'s Form 4 filing

Select Water Solutions, Inc.WTTR · filed May 21, 2026

Accession no.: 0000950142-26-001473
Filed: May 21, 2026, 8:48 PM ET
Trade date: May 19, 2026
Filing delay: 2 days
Rule 10b5-1 plan: Not checked

Original on SEC EDGAR (opens in a new tab)

This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $61.5M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
Owner	Relationship to the company
Crestview Partners II GP, L.P.CIK 0001505639	10% Owner
Crestview Partners II SES Investment B, LLCCIK 0001699717	10% Owner
Crestview Partners II SES Investment, LLCCIK 0001699719	10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade date	Security	Transaction	Shares	Price	Value	Shares after	Ownership
May 19, 2026	Class A Common Stock	SSaleDisposed	−617,240	$18.92	−$11,678,180.8	2,615,972	Indirect
May 19, 2026	Class A Common Stock	CConversionAcquired	+2,632,760	–^F2	–	2,632,760	Indirect
May 19, 2026	Class B Common Stock	DReturned to the companyDisposed	−2,632,760	–^F2,F3	–	11,158,101	Indirect
May 19, 2026	Class A Common Stock	SSaleDisposed	−2,632,760	$18.92	−$49,811,819.2	0	Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade date	Security	Transaction	Underlying shares	Unit price	Value	Held after	Ownership	Flags
May 19, 2026	Class A Shares	CConversionDisposed	−2,632,760	–^F1,F6	–	11,158,101	Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

Reflects shares of Class A Common Stock of the Issuer ("Class A Shares") sold by Crestview Partners II SES Investment B, LLC ("Crestview II SES B").

Referenced by the price of 1 transaction in Table II.

Reflects the redemption (the "Redemption") by the Reporting Persons of Common LLC Units ("Units") of SES Holdings, LLC ("SES Holdings"), a subsidiary of the Issuer, indirectly owned by Crestview Partners II SES Investment, LLC ("Crestview II SES") through SES Legacy Holdings, LLC ("Legacy Holdings").

Referenced by the price of 2 transactions in Table I.

Reflects the cancellation for no consideration of a number shares of Class B Common Stock of the Issuer ("Class B Shares") indirectly owned by Crestview II SES through Legacy Holdings equal to the number of Units redeemed by the Reporting Persons pursuant to their terms in connection with the Redemption.

Referenced by the price of 1 transaction in Table I.

Represents Units of SES Holdings, indirectly owned by Crestview II SES through Legacy Holdings. The Units are redeemable by Legacy Holdings at any time in exchange for newly-issued Class A Shares on a one-for-one basis (subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions) (or, at the election of SES Holdings or the Issuer, cash in an amount equal to the Cash Election Value of such Class A Shares (as defined in the SES Holdings LLC Agreement to be the trailing 10-day VWAP of the Class A Shares)).

Referenced by the price of 1 transaction in Table II.

Remarks

Exhibit 99 - Joint Filer Information

Read the full filing on SEC EDGAR (opens in a new tab)