TETRA Technologies (TTI) CEO sells 50,061 shares in pre-set 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TETRA Technologies President & CEO Brady M. Murphy sold 50,061 shares of common stock in open-market transactions, while retaining a large direct ownership stake. The sales occurred in two trades: 50,000 shares on 2026-07-01 at a weighted average price of $10.7227 per share, and 61 shares on 2026-07-02 at $10.0064 per share. Both transactions were executed under a pre-arranged trading plan established under Rule 10b5-1 on March 30, 2026, indicating they were scheduled in advance. After these sales, Murphy directly holds 2,965,396 shares of TETRA Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,061 shares ($536,745)
Net Sell
2 txns
Insider
Murphy Brady M
Role
President & CEO
Sold
50,061 shs ($537K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 61 | $10.0064 | $610.39 |
| Sale | Common Stock | 50,000 | $10.7227 | $536K |
Holdings After Transaction:
Common Stock — 2,965,396 shares (Direct, null)
Footnotes (1)
- The price reported is the weighted average price. The shares were sold pursuant to the terms of a trading plan under Rule 10b5-1 previously entered into by the Reporting Person on March 30, 2026. The shares were sold in multiple transactions at prices ranging from $10.16 to $11.34, inclusive. The reporting person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold. These shares of the Issuer's common stock were sold in a block order at a price of $10.0064 pursuant to the terms of trading plan under Rule 10b5-1 previously entered into by the Reporting Person on March 30, 2026.
Key Figures
Shares sold (total): 50,061 shares
Sale price (weighted average): $10.7227 per share
Sale price (block order): $10.0064 per share
+2 more
5 metrics
Shares sold (total)
50,061 shares
Open-market sales on July 1–2, 2026
Sale price (weighted average)
$10.7227 per share
50,000-share sale on July 1, 2026
Sale price (block order)
$10.0064 per share
61-share block order on July 2, 2026
Price range of larger sale
$10.16–$11.34 per share
Multiple trades within 50,000-share transaction
Shares held after transactions
2,965,396 shares
Direct ownership by CEO after July 2026 sales
Key Terms
Rule 10b5-1, weighted average price, open-market sale, block order
4 terms
Rule 10b5-1 regulatory
"The shares were sold pursuant to the terms of a trading plan under Rule 10b5-1 previously entered into"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average price financial
"The price reported is the weighted average price. The shares were sold pursuant"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale","transaction_code_description": "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
block order financial
"These shares of the Issuer's common stock were sold in a block order at a price of $10.0064"