TTEK insider details 21,902 PSU vesting and tax withholdings
Rhea-AI Filing Summary
Tetra Tech (TTEK) executive reports equity award vesting and tax share withholdings. The EVP, Chief Legal/Human Capital filed a Form 4 showing multiple transactions in Tetra Tech common stock and restricted stock units on November 18, 2025.
Two blocks of restricted stock units were converted to common stock, covering 2,055 shares and 2,535 shares, each at an exercise price of $0. The filing also reports an acquisition of 21,902 shares of common stock from the vesting of performance stock units under the 2018 Equity Incentive Plan.
To satisfy related tax liabilities, the company withheld 1,807 shares and 8,620 shares at a price of $35.69 per share. After these transactions, the reporting person directly held 79,996 shares of Tetra Tech common stock. The footnotes clarify prior ESPP purchases and the vesting schedules of the RSU awards.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | 2,055 | $0.00 | -- |
| Exercise | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | 2,535 | $0.00 | -- |
| Exercise | COMMON STOCK | 2,055 | $0.00 | -- |
| Exercise | COMMON STOCK | 2,535 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 1,807 | $35.69 | $64K |
| Grant/Award | COMMON STOCK | 21,902 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 8,620 | $35.69 | $308K |
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 did Tetra Tech (TTEK) disclose in this Form 4 filing?
This Form 4 reports equity transactions by the EVP, Chief Legal/Human Capital of Tetra Tech (TTEK), including vesting of restricted and performance stock units, share issuances, and shares withheld to cover tax obligations on November 18, 2025.
What role does the reporting person hold at Tetra Tech (TTEK)?
The reporting person is an officer of Tetra Tech, Inc., serving as EVP, Chief Legal/Human Capital.
How do the restricted stock units (RSUs) described in the filing vest?
According to the footnotes, the RSU awards vest as to 25% of the shares on a specified initial date and 25% annually thereafter until fully vested, and each unit represents a contingent right to receive one share of Tetra Tech common stock.