Tetra Technologies (TTI) SVP RSUs vest 25,000; 6,088 surrendered for taxes
Rhea-AI Filing Summary
Tetra Technologies (TTI) insider report: Senior Vice President of Supply Chain & Chemicals Timothy C. Moeller had 25,000 restricted stock units (RSUs) vest on 10/04/2025, which converted one-for-one into 25,000 shares of common stock. To satisfy tax withholding on the vesting, 6,088 shares were surrendered, leaving the reporting person with 446,532 shares beneficially owned after the transactions. The filing notes the remaining portion of the RSU award will vest on 10/04/2026.
Positive
- 25,000 RSUs vested, converting to 25,000 shares on 10/04/2025
- Reporting person retains substantial ownership after transactions: 446,532 shares beneficially owned
Negative
- 6,088 shares surrendered to satisfy tax withholding, reducing net received shares
Insights
Vesting and withholding moved shares into beneficial ownership; tax withholding used share surrender.
The report shows 25,000 RSUs vested and converted into common stock on 10/04/2025, increasing direct holdings while 6,088 shares were surrendered to cover taxes. This is a routine compensation event where deferred equity becomes current pay-equity.
Key dependencies include the remaining vesting schedule: one tranche remains scheduled for 10/04/2026. Watch the remaining vesting date for further share changes within a 12-month horizon.
Transaction is a standard insider disclosure with limited immediate governance implications.
The filings confirm the reporting person is an officer and director and that the transactions were internal compensation-related actions, not open-market trades. Ownership after the transaction is reported as 446,532 shares.
Materiality is low for corporate control but relevant for insider ownership metrics; monitor aggregate insider holdings over the next year, particularly at the 10/04/2026 vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,000 | $0.00 | -- |
| Exercise | Common Stock | 25,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,088 | $5.54 | $34K |
Footnotes (1)
- Represents vested shares of restricted stock units granted on October 4, 2023. Restricted stock units convert into common stock on a one-for-one basis. Reflects units surrendered to the issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on October 4, 2023. The remaining unvested portion of the restricted stock unit award will vest on October 4, 2026, at which time the award will become fully vested. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.
