TETRA Technologies (NYSE: TTI) EVP vests 86,034 RSUs, surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TETRA Technologies Executive Vice President Matthew Sanderson reported the vesting of 86,034 restricted stock units on March 14, 2026, which converted into an equal number of common shares on a one-for-one basis. These RSUs were originally granted on March 14, 2025 and are now fully vested with no remaining unvested portion.
Of the vested shares, 38,157 common shares were surrendered back to the company at $8.22 per share to cover tax withholding obligations tied to the vesting. After these transactions, Sanderson directly holds 776,202 shares of TETRA Technologies common stock, and there are no remaining unexercised or unvested units from this specific award.
Positive
- None.
Negative
- None.
Insider Trade Summary
86,034 shares exercised/converted
Mixed
3 txns
Insider
SANDERSON MATTHEW
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 86,034 | $0.00 | -- |
| Exercise | Common Stock | 86,034 | $0.00 | -- |
| Tax Withholding | Common Stock | 38,157 | $8.22 | $314K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 814,359 shares (Direct)
Footnotes (1)
- Represents vested shares of restricted stock units granted on March 14, 2025. Restricted stock units convert into common stock on a one-for-one basis. Reflects units surrendered to the Issuer for tax withholding purposes upon the vesting of the restricted stock unit granted on March 14, 2025. There is no remaining unvested portion of this restricted stock unit award.
FAQ
What insider transaction did TETRA Technologies (TTI) EVP Matthew Sanderson report?
Matthew Sanderson reported the vesting and conversion of 86,034 restricted stock units into common stock. This reflects a scheduled equity award maturing into shares, rather than an open-market purchase or sale, and updates his direct ownership position in TETRA Technologies.
Were the vested TETRA Technologies restricted stock units fully exhausted in this award?
Yes. The footnotes state there is no remaining unvested portion of this restricted stock unit award. All 86,034 RSUs granted on March 14, 2025 vested and converted into common stock, completing the lifecycle of this particular equity grant.