{"filing":{"accession_number":"0001104659-26-110440","cik":"0001693256","ticker":"WTTR","company_name":"Select Water Solutions, Inc.","form":"8-K","filing_date":"2026-09-24","report_date":"2026-09-24","primary_document":"tm2625939d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1693256/000110465926110440/tm2625939d1_8k.htm"},"events":[{"id":34943,"run_id":32174,"accession_number":"0001104659-26-110440","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.97,"summary":"Select Water Solutions entered into a definitive Membership Interest Purchase Agreement on September 24, 2026, to acquire Pilot Water Solutions LLC for $700 million in aggregate consideration ($600 million cash plus $100 million in equity plus $15 million contingent payment). The acquisition is expected to close in Q4 2026 and will add an estimated $120–$130 million of 2027 EBITDA to the company's water infrastructure business.","company_name":"Select Water Solutions, Inc.","ticker":"WTTR","filing_date":"2026-09-24","form":"8-K","submitted_at":null,"items":[{"id":38830,"accession_number":"0001104659-26-110440","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Select Water Solutions entered into a definitive Membership Interest Purchase Agreement on September 24, 2026, to acquire Pilot Water Solutions LLC for $700 million in aggregate consideration ($600 million cash plus $100 million in equity, plus $15 million contingent payment). This is a material acquisition of a leading water midstream company with significant operations in the Delaware Basin, expected to close in Q4 2026 and add an estimated $120-130 million of 2027 EBITDA. The transaction is clearly disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and constitutes a material M\u0026A activity that would significantly affect investor assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"","ticker":null,"filing_date":""},{"id":38831,"accession_number":"0001104659-26-110440","item_number":"3.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered issuance of $100 million in Class A common stock to Pilot OFS as part of Select Water's acquisition of Pilot Water Solutions. The press release (EX-99.1) confirms this is a material acquisition valued at $700 million ($600M cash + $100M stock + $15M contingent consideration), expected to close in Q4 2026. While Item 3.02 technically addresses the equity issuance mechanics, the substance is a material M\u0026A transaction that would materially affect a reasonable investor's assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"","ticker":null,"filing_date":""},{"id":38832,"accession_number":"0001104659-26-110440","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Select Water Solutions announced entry into a definitive agreement to acquire Pilot Water Solutions LLC for $700 million in cash and stock consideration, plus $15 million in potential earnout payments. The transaction is expected to close in Q4 2026 and represents a material acquisition that will add an estimated $120–$130 million of 2027E EBITDA and strengthen Select's water infrastructure business. This is a classic material acquisition disclosure under Item 1.01 (though filed under Item 7.01 as a Regulation FD disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":34944,"run_id":32174,"accession_number":"0001104659-26-110440","anchor_item_number":"8.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"Select Water Solutions sold a 55% interest in Peak Rentals HoldCo, LLC for approximately $41.5 million in cash proceeds and a $35.3 million seller note, while retaining a 45% indirect interest. This material disposition will remove the divested portion from the company's consolidated financial results.","company_name":"Select Water Solutions, Inc.","ticker":"WTTR","filing_date":"2026-09-24","form":"8-K","submitted_at":null,"items":[{"id":38833,"accession_number":"0001104659-26-110440","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The Item 8.01 disclosure describes the sale of a 55% interest in Peak Rentals HoldCo, LLC for approximately $41.5 million in cash proceeds and a $35.3 million seller note, with the Company retaining a 45% indirect interest. This is a material disposition of a business segment that will no longer be reflected in the Company's consolidated financial results, constituting a significant M\u0026A activity requiring 8-K disclosure under Item 1.02 or similar provisions.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":38830,"accession_number":"0001104659-26-110440","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Select Water Solutions entered into a definitive Membership Interest Purchase Agreement on September 24, 2026, to acquire Pilot Water Solutions LLC for $700 million in aggregate consideration ($600 million cash plus $100 million in equity, plus $15 million contingent payment). This is a material acquisition of a leading water midstream company with significant operations in the Delaware Basin, expected to close in Q4 2026 and add an estimated $120-130 million of 2027 EBITDA. The transaction is clearly disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and constitutes a material M\u0026A activity that would significantly affect investor assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"Select Water Solutions, Inc.","ticker":"WTTR","filing_date":"2026-09-24"},{"id":38831,"accession_number":"0001104659-26-110440","item_number":"3.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered issuance of $100 million in Class A common stock to Pilot OFS as part of Select Water's acquisition of Pilot Water Solutions. The press release (EX-99.1) confirms this is a material acquisition valued at $700 million ($600M cash + $100M stock + $15M contingent consideration), expected to close in Q4 2026. While Item 3.02 technically addresses the equity issuance mechanics, the substance is a material M\u0026A transaction that would materially affect a reasonable investor's assessment of the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"Select Water Solutions, Inc.","ticker":"WTTR","filing_date":"2026-09-24"},{"id":38832,"accession_number":"0001104659-26-110440","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Select Water Solutions announced entry into a definitive agreement to acquire Pilot Water Solutions LLC for $700 million in cash and stock consideration, plus $15 million in potential earnout payments. The transaction is expected to close in Q4 2026 and represents a material acquisition that will add an estimated $120–$130 million of 2027E EBITDA and strengthen Select's water infrastructure business. This is a classic material acquisition disclosure under Item 1.01 (though filed under Item 7.01 as a Regulation FD disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"Select Water Solutions, Inc.","ticker":"WTTR","filing_date":"2026-09-24"},{"id":38833,"accession_number":"0001104659-26-110440","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The Item 8.01 disclosure describes the sale of a 55% interest in Peak Rentals HoldCo, LLC for approximately $41.5 million in cash proceeds and a $35.3 million seller note, with the Company retaining a 45% indirect interest. This is a material disposition of a business segment that will no longer be reflected in the Company's consolidated financial results, constituting a significant M\u0026A activity requiring 8-K disclosure under Item 1.02 or similar provisions.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T20:48:01.044064+00:00","company_name":"Select Water Solutions, Inc.","ticker":"WTTR","filing_date":"2026-09-24"}]}