TETRA CEO vests 118,778 shares, surrenders for taxes
TETRA TECHNOLOGIES, INC.
Rhea-AI Filing Summary
TETRA TECHNOLOGIES, INC. (TTI) reported that President & CEO Brady M. Murphy had restricted stock units vest and convert into common stock on August 25, 2026. Two RSU grants for 60,496 and 58,282 units vested one-for-one into common shares, with portions of the resulting stock withheld to satisfy tax withholding obligations at $6.77 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
118,778 shares exercised/converted
Exercise
6 txns
Insider
Murphy Brady M
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F5 | 60,496 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 58,282 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 60,496 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 23,806 | $6.77 | $161K |
| Exercise | Common Stock F3 | 58,282 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F4 | 22,934 | $6.77 | $155K |
Holdings After Transaction:
Restricted Stock Units — 235,343 contracts (Direct);
Common Stock — 3,037,434 shares (Direct)
Footnotes (6)
- F1. Represents vested shares of restricted stock units granted on February 19, 2024. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on February 19, 2024.
- F3. Represents vested shares of restricted stock units granted on February 28, 2025. Restricted stock units convert into common stock on a one-for-one basis.
- F4. Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit granted on February 28, 2025.
- F5. The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2027. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.
- F6. The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2028. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.
Key Figures
Total RSUs converted to common stock: 118,778 shares
First RSU grant vested: 60,496 units
Second RSU grant vested: 58,282 units
+5 more
8 metrics
Total RSUs converted to common stock
118,778 shares
Sum of 60,496 and 58,282 restricted stock units vested on August 25, 2026
First RSU grant vested
60,496 units
RSUs granted February 19, 2024, vested and converted one-for-one into common stock
Second RSU grant vested
58,282 units
RSUs granted February 28, 2025, vested and converted one-for-one into common stock
Shares withheld for taxes (first award)
23,806 shares at $6.77 per share
Surrendered to satisfy tax withholding obligations on February 19, 2024 RSU vesting
Shares withheld for taxes (second award)
22,934 shares at $6.77 per share
Surrendered to satisfy tax withholding obligations on February 28, 2025 RSU vesting
Total shares withheld for taxes
46,740 shares
Combined tax-withholding dispositions on August 25, 2026
Final vesting date for 2024 RSU award
February 25, 2027
Remaining unvested portion vests every six months until this date
Final vesting date for 2025 RSU award
February 25, 2028
Remaining unvested portion vests every six months until this date
Key Terms
Restricted stock units, tax withholding obligations, convert into common stock on a one-for-one basis, contingent right to receive one share
4 terms
Restricted stock units financial
"Represents vested shares of restricted stock units granted on February 19, 2024."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Reflects units surrendered to the Issuer to satisfy tax withholding obligations"
convert into common stock on a one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
FAQ
What did TTI President & CEO Brady Murphy report in this Form 4?
Brady M. Murphy reported the vesting of restricted stock units that converted into 118,778 shares of TETRA TECHNOLOGIES, INC. common stock on August 25, 2026, with portions of the resulting shares withheld to cover tax withholding obligations.
How many TTI RSUs vested for Brady Murphy on August 25, 2026?
Two restricted stock unit grants vested for Brady M. Murphy: one for 60,496 units granted February 19, 2024, and another for 58,282 units granted February 28, 2025. Each restricted stock unit converted into one share of TETRA TECHNOLOGIES, INC. common stock.
What is the conversion rate of Brady Murphy’s TTI restricted stock units?
Each of Brady M. Murphy’s restricted stock units converts into one share of TETRA TECHNOLOGIES, INC. common stock upon vesting, as stated for both the February 19, 2024, and February 28, 2025 RSU grants.
Do Brady Murphy’s TTI RSU awards have remaining unvested portions?
Yes. The remaining unvested portion of the February 19, 2024 RSU award will vest every six months until February 25, 2027, and the remaining unvested portion of the February 28, 2025 RSU award will vest every six months until February 25, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.