TETRA Technologies (NYSE: TTI) SVP transfers 50,000 shares in divorce
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TETRA Technologies Sr. Vice President Roy McNiven reported an internal share transfer related to his divorce. A total of 50,000 shares of common stock were transferred to his former spouse pursuant to a divorce agreement, and he now directly holds 65,634 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McNiven Roy
Role
Sr. Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 50,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 65,634 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TETRA Technologies (TTI) report for Roy McNiven?
TETRA Technologies reported that Sr. Vice President Roy McNiven transferred 50,000 shares of common stock to his former spouse. The transfer was categorized as an "other" transaction related to a divorce agreement, not a market buy or sell.
Was the TETRA Technologies (TTI) insider transaction a purchase or sale?
The transaction was neither a traditional purchase nor sale. It was coded as an "other" transaction, reflecting a 50,000-share transfer from Roy McNiven to his former spouse as part of a divorce agreement, with no price per share reported.
What does transaction code "J" mean in the TETRA Technologies Form 4?
Transaction code "J" on the Form 4 indicates "Other acquisition or disposition" of securities. In this case, it refers to Roy McNiven’s 50,000-share transfer of TETRA Technologies common stock to his former spouse as part of a divorce agreement.