Director Kirsten Volpi exercises 1,000-share option at Tetra Tech (TTEK)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tetra Tech director Kirsten M. Volpi reported exercising a stock option and receiving additional common shares. On February 10, 2026, she exercised an option for 1,000 shares at an exercise price of $9.59 per share, converting it into 1,000 shares of common stock.
After this transaction, she directly holds 70,218 shares of Tetra Tech common stock and 8,000 stock options. The transaction is coded “M,” indicating an exercise or conversion of a derivative security rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares exercised/converted
Mixed
2 txns
Insider
Volpi Kirsten M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | STOCK OPTION (RIGHT TO BUY) | 1,000 | $0.00 | -- |
| Exercise | COMMON STOCK | 1,000 | $9.59 | $10K |
Holdings After Transaction:
STOCK OPTION (RIGHT TO BUY) — 8,000 shares (Direct);
COMMON STOCK — 70,218 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Tetra Tech (TTEK) director Kirsten M. Volpi report?
Kirsten M. Volpi reported exercising a stock option for 1,000 shares. On February 10, 2026, she converted a stock option with a $9.59 exercise price into 1,000 shares of Tetra Tech common stock, classified as a derivative exercise (code M).
What does transaction code M mean in the Tetra Tech (TTEK) Form 4 filing?
Code M indicates an exercise or conversion of a derivative security. In this case, a stock option with a $9.59 exercise price was exercised into 1,000 shares of Tetra Tech common stock, rather than being an open‑market buy or sell transaction.
What derivative security did Kirsten M. Volpi exercise in Tetra Tech (TTEK)?
She exercised a stock option (right to buy) for 1,000 shares. The option carried a $9.59 exercise price and was exercisable as to 100% of the shares on the anniversary of the grant date, according to the footnote in the filing.
Does the Tetra Tech (TTEK) Form 4 show an open-market purchase or sale?
No, the filing shows an option exercise, not a market trade. The transaction is coded M, meaning the change in ownership came from converting a stock option into 1,000 common shares at a $9.59 exercise price, not from buying or selling on the market.