Tetra Technologies VP granted 29,645 restricted stock units at $5.82 reference price

Rhea-AI Filing Summary

Tetra Technologies (TTI) reported an award of 29,645 restricted stock units to Kathrine Kokenes, its VP & Chief Accounting Officer, granted on 09/29/2025. Each RSU converts to one share upon vesting; the award referenced a closing stock price of $5.82 on the grant date. The RSUs vest over approximately three years: one-third on 09/29/2026 and the remainder in equal installments on each March 25 and September 25, completing on 09/25/2028, subject to continued service. Vested shares will be delivered on the settlement date unless the company elects cash or a cash/share mix.

Positive

• Grant aligns senior executive incentives with shareholder interests through time-based RSUs
• Clear vesting schedule (one-third on 09/29/2026, then semiannual installments to 09/25/2028) aids retention
• Disclosure includes grant reference price ($5.82), enabling approximate valuation at grant date

Negative

• Potential dilution from 29,645 additional shares if settled in stock
• Settlement discretion (company may pay cash or cash/share mix) could reduce long-term share ownership alignment

Insights

Compensation Analyst

TL;DR: A routine, time-based RSU award aligns the accounting officer with shareholder value and supports retention.

The 29,645 RSU grant is a standard retention and incentive tool for a senior finance executive. Vesting over three years with an initial one-third cliff and subsequent semiannual installments is typical for balancing retention and performance alignment. The grant references the closing price at $5.82, which provides a notional grant value of roughly $172,600 at grant date; actual realized value depends on future share price and any settlement in cash. This is not a material capital event for most public companies of meaningful scale, but it is meaningful for executive alignment and internal compensation planning.

Corporate Governance Expert

TL;DR: Disclosure is complete for an equity award; vesting schedule and settlement terms are clearly stated.

The Form 4 discloses title, amount, vesting schedule, plan authority, and settlement alternatives, which meet standard disclosure expectations under Section 16. The indirect/direct ownership is shown as direct for the reporting person. There is no indication of performance-based vesting or acceleration events disclosed here. From a governance perspective, the award appears routine and properly documented.

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

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

1. Name and Address of Reporting Person^*

Kokenes Kathrine

(Last) (First) (Middle)

24955 INTERSTATE 45 N

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TETRA TECHNOLOGIES INC [ TTI ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

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

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	$0.00(1)	09/29/2025		A		29,645		(2)	(2)	Common Stock	29,645	$0.00	29,645	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer's common stock upon vesting of the unit. The closing price of the Issuer's common stock on the date of this RSU award was $5.82.

2. The RSU was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on September 29, 2026 and one-sixth of the award will vest on each March 25th and September 25th thereafter until fully vested on September 25, 2028, subject to continued service with the Issuer on each respective vesting date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, or a combination of shares and cash, in the Issuer's sole discretion.

Remarks:

	Kimberly M. O'Brien, attorney in fact	10/01/2025
	** 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.
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FAQ

What did TTI insider Kathrine Kokenes receive on 09/29/2025?

Kathrine Kokenes received 29,645 restricted stock units (RSUs) granted on 09/29/2025 that convert to one share each upon vesting.

When do the RSUs granted to the TTI accounting officer vest?

Vesting begins 09/29/2026 (one-third), with the remainder vesting in equal installments each March 25 and September 25 until fully vested on 09/25/2028.

What was the reference price for the RSU grant in the Form 4?

The closing price cited at grant was $5.82 per share, giving an approximate notional grant value of $172,600 at grant date.

Will vested RSUs be delivered as shares?

Vested shares will be delivered on the settlement date unless the issuer elects to settle in cash or a combination of cash and shares at its sole discretion.

Does the Form 4 indicate any performance conditions for these RSUs?

No performance-based vesting is disclosed; the award is time-based and subject to continued service.