TETRA Technologies (TTI) SVP logs RSU vesting and tax-share surrenders
Rhea-AI Filing Summary
TETRA Technologies SVP Timothy C. Moeller reported equity award vesting and related tax withholding transactions. On February 25, 2026, restricted stock units granted in February 2023 and February 2024 vested and were converted into common stock on a one-for-one basis. This resulted in the acquisition of 12,754 and 13,612 common shares in separate transactions at a stated price of $0.00 per share. To cover tax obligations upon vesting, Moeller surrendered 5,935 and 6,429 common shares to the company at $11.14 per share. Following these transactions, he held 454,446 shares of TETRA Technologies common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,754 | $0.00 | -- |
| Exercise | Restricted Stock Units | 13,612 | $0.00 | -- |
| Exercise | Common Stock | 12,754 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,935 | $11.14 | $66K |
| Exercise | Common Stock | 13,612 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,429 | $11.14 | $72K |
Footnotes (1)
- Represents vested shares of restricted stock units granted on February 22, 2023. 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 February 22, 2023. 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. Reflects units surrendered to the Issuer for tax withholding purposes upon the vesting of the restricted stock unit granted on February 19, 2024. There is no remaining unvested portion of this restricted stock unit award. 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.
FAQ
What insider transaction did TETRA Technologies (TTI) report for Timothy C. Moeller?
TETRA Technologies reported that SVP Timothy C. Moeller had restricted stock units vest and convert into common stock, and he surrendered some shares back to the company to satisfy tax withholding obligations related to those vestings.
What is Timothy C. Moeller’s role at TETRA Technologies (TTI)?
Timothy C. Moeller is an officer of TETRA Technologies serving as Senior Vice President – Supply Chain & Chemicals, and the reported equity transactions relate to his compensation in the form of restricted stock units in the company.
Were the TTI insider transactions open-market buys or sells?
The reported transactions were not open-market trades. They involved restricted stock units vesting and converting into common stock, and shares being surrendered back to TETRA Technologies to satisfy tax withholding obligations, rather than discretionary market purchases or sales.