On May 19, 2026, multiple insiders at Select Water Solutions, Inc. (WTTR) executed significant share sales, totaling approximately $184.47 million. Crestview Partners II GP, L.P., along with its affiliated entities Crestview Partners II SES Investment B, LLC and Crestview Partners II SES Investment, LLC, collectively sold over 9.1 million shares.

The transactions involved sales of 2,632,760 shares at $18.92 per share by each of Crestview Partners II GP, L.P., Crestview Partners II SES Investment B, LLC, and Crestview Partners II SES Investment, LLC, accounting for approximately $49.81 million each. Additionally, smaller tranches of 617,240 shares at the same price were sold by Crestview Partners II GP, L.P., Crestview Partners II SES Investment B, LLC, and Crestview Partners II SES Investment, LLC, each amounting to roughly $11.68 million.

While insider selling can be attributed to various personal financial strategies such as diversification or tax planning, the coordinated nature of these sales by significant ownership entities may draw investor attention.