Tetra Tech (TTEK) CEO reports RSU and PSU vesting, tax withholdings
Rhea-AI Filing Summary
Tetra Tech, Inc. reported insider equity transactions by Chairman and CEO Dan L. Batrack. On November 18, 2025, he exercised restricted stock units (RSUs) into 14,030 and 19,015 shares of common stock at $0 per share and acquired 164,285 additional shares from vesting of performance stock units under the 2018 Equity Incentive Plan. Shares totaling 18,235 and 90,653 were withheld at a price of $35.69 per share to cover related tax liabilities. After these transactions, he directly owned 314,309 shares of Tetra Tech common stock and 19,010 RSUs, which each represent the right to receive one share upon vesting.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | 14,030 | $0.00 | -- |
| Exercise | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | 19,015 | $0.00 | -- |
| Exercise | COMMON STOCK | 14,030 | $0.00 | -- |
| Exercise | COMMON STOCK | 19,015 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 18,235 | $35.69 | $651K |
| Grant/Award | COMMON STOCK | 164,285 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 90,653 | $35.69 | $3.24M |
Footnotes (1)
- Amount of securities beneficially owned was updated to reflect that 149 shares of common stock were acquired by the Reporting Person on December 15, 2024, pursuant to the Tetra Tech, Inc. Employee Stock Purchase Plan (ESPP). Represents the shares withheld to pay the related tax liability of the restricted stock units (RSUs) that vested on November 18, 2025. Shares acquired pursuant to vesting of performance stock units earned under 2018 Equity Incentive Plan. Represents the shares withheld to pay the related tax liability of performance stock units that vested on November 18, 2025. Represents an award of restricted stock units (RSUs), each unit of which represents a contingent right to receive one share of Tetra Tech common stock. The RSUs become vested as to 25% of the shares on November 18, 2022, and 25% annually, thereafter, until fully vested. The RSUs are exercisable at the time of vesting and do not have a set expiration date. The RSUs become vested as to 25% of the shares on November 18, 2023, and 25% annually, thereafter, until fully vested.
FAQ
What insider transactions were reported for Tetra Tech (TTEK)?
The Chairman and CEO, Dan L. Batrack, reported multiple equity transactions on November 18, 2025, including RSU exercises, performance stock unit vesting, and share withholding to cover tax liabilities.
How many restricted stock units (RSUs) does the Tetra Tech (TTEK) CEO hold after these transactions?
After the reported activity, he beneficially owned 19,010 restricted stock units, each representing the right to receive one share of Tetra Tech common stock.
How do the Tetra Tech (TTEK) RSUs vest for the CEO?
One RSU award vests as to 25% of the shares on November 18, 2022 and annually thereafter until fully vested, and another vests 25% on November 18, 2023 and 25% annually thereafter until fully vested.
What plan governs the performance stock units reported for Tetra Tech (TTEK)?
The performance stock units that vested into 164,285 common shares were earned under Tetra Tech’s 2018 Equity Incentive Plan.