TTEC officer reports 20,618 RSUs vesting; 5,928 shares withheld

Rhea-AI Filing Summary

Margaret B. McLean, Chief Legal & Risk Officer and officer of TTEC Holdings, Inc. (TTEC), reported vesting and related withholding of restricted stock units on 10/04/2025. A grant of 41,237 time-based Restricted Stock Units (RSUs) originally awarded on 10/04/2024 vests in two equal installments; the first installment of 20,618 RSUs vested on 10/04/2025. The filing records a Code M acquisition of 20,618 shares upon vesting and a Code F disposition of 5,928 shares withheld to satisfy tax withholding obligations at an effective price of $3.59 per share. After these transactions the reporting person beneficially owns 79,027 shares directly. The filer attested that no shares were sold in an open-market transaction.

Positive

• RSU vesting executed as scheduled, indicating standard compensation governance and retention alignment
• No open-market sale reported; withheld shares were used solely for tax obligations

Negative

• Tax withholding reduced direct holdings by 5,928 shares, lowering the officer's post-vest share count
• Post-transaction beneficial ownership stands at 79,027 shares, a modest level that may limit insider signal strength

Insights

Corporate Governance Analyst

Officer RSU vesting and tax-withholding reported; ownership modestly reduced by withholding.

The vesting of 20,618 RSUs increases the officer's direct common-stock holdings while the company-withheld 5,928 shares satisfied tax liabilities rather than creating an open-market sale. This is a routine compensation event tied to a prior 10/04/2024 grant that vests 50% annually.

Key dependencies include the remaining unvested RSU tranche on 10/04/2026 and any future withholding or sale policies. Monitor future Form 4s for additional withholding or sales that could affect float in the near term.

Executive Compensation Specialist

Time-based RSU schedule executed as designed; withholding used for taxes, not liquidity monetization.

The RSU vesting follows a standard two-installment schedule with a zero exercise price at vesting, creating immediate taxable income. Withholding of 5,928 shares at an indicated per-share withholding price of $3.59 reduced the post-vest share count from the gross award. No open-market disposition was reported, so this does not signal opportunistic insider selling.

Watch for the second 50% vesting date and any changes to equity compensation practices over the next 12 months that could affect dilution or insider selling patterns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McLean Margaret B

(Last) (First) (Middle)

100 CONGRESS AVENUE

SUITE 1425

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TTEC Holdings, Inc. [ TTEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal & Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	10/04/2025		M		20,618	A	$0	84,955	D
Common Stock(2)	10/04/2025		F		5,928	D	$3.59	79,027	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	$0	10/04/2025		M			20,618	(1)	(1)	Common Stock	20,618	$0	20,619	D

Explanation of Responses:

1. Reflects vesting of Restricted Stock Units ("RSUs") on October 4, 2025. The Reporting Person initially received 41,237 time-based RSUs on October 4, 2024. The RSUs vest in two installments of 50% per year beginning on October 4, 2025.

2. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of RSUs. No shares were sold.

	/s/ Margaret B. McLean	10/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What happened in the TTEC (TTEC) Form 4 filed by Margaret B. McLean?

The filing reports the vesting of 20,618 RSUs on 10/04/2025 and the withholding of 5,928 shares to satisfy taxes; no open-market sale occurred.

How many RSUs were originally granted to the reporting person?

The reporting person originally received 41,237 time-based RSUs on 10/04/2024, vesting 50% per year.

What was the withholding price per share for the tax obligation?

Withheld shares were recorded at an effective price of $3.59 per share.

How many shares does Margaret B. McLean beneficially own after the transactions?

After vesting and withholding, the reporting person beneficially owns 79,027 shares directly.

Were any shares sold on the open market according to the filing?

No shares were sold; the disposition of 5,928 shares was for tax withholding purposes only.