TETRA Technologies (TTI) SVP nets shares as 82,593 RSUs vest and 37,043 surrendered for taxes
Rhea-AI Filing Summary
TETRA Technologies senior vice president Timothy C. Moeller reported a routine equity compensation event. On the reported date, 82,593 restricted stock units vested and converted into an equal number of shares of common stock, reflecting a prior grant made on March 14, 2025.
To cover tax withholding on this vesting, 37,043 shares were surrendered back to the company at a price of $8.22 per share, rather than sold in the open market. After these transactions, Moeller directly holds 514,995 shares of TETRA Technologies common stock, and there is no remaining unvested portion of this restricted stock unit award.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trading.
Timothy C. Moeller, an officer of TETRA Technologies, had 82,593 restricted stock units vest and convert into common shares on a one-for-one basis. This follows an RSU grant dated March 14, 2025, and represents standard stock-based compensation.
To satisfy tax obligations triggered by vesting, 37,043 shares were surrendered to the issuer at $8.22 per share. This F-code transaction is a tax-withholding mechanism, not an open-market sale. After these entries, Moeller holds 514,995 common shares directly, and the RSU award is fully vested with no remaining unvested units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 82,593 | $0.00 | -- |
| Exercise | Common Stock | 82,593 | $0.00 | -- |
| Tax Withholding | Common Stock | 37,043 | $8.22 | $304K |
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.