TETRA Technologies (TTI) awards 24,203 RSUs to senior vice president
Rhea-AI Filing Summary
Armour Joseph Bryan reported acquisition or exercise transactions in this Form 4 filing.
TETRA TECHNOLOGIES INC reported that Senior Vice President Joseph Bryan Armour received a grant of 24,203 restricted stock units (RSUs) on June 5, 2026. Each RSU represents the right to receive one share of common stock upon vesting.
The award will cliff vest on the one-year anniversary of the grant date, subject to his continued service with the company at the vesting date. After vesting, shares will be delivered unless the company elects to settle the RSUs in cash or a mix of cash and shares. The issuer’s common stock closed at $9.29 on the grant date, and Armour now holds 24,203 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Armour Joseph Bryan
Role
Sr Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 24,203 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 24,203 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer's common stock upon vesting of the unit. The closing price of the Issuer's common stock on the date of this RSU award was $9.29.
- F2. This restricted stock unit award was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. The Award will cliff vest on the one-year anniversary of the Grant Date, subject to continued service with the Issuer at vest date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, or a combination of shares and cash, in the Issuer's sole discretion.
Key Figures
RSUs granted: 24,203 units
Underlying shares: 24,203 shares
Exercise price: $0.00 per unit
+3 more
6 metrics
RSUs granted
24,203 units
Restricted stock units granted on June 5, 2026
Underlying shares
24,203 shares
Common stock issuable upon RSU vesting
Exercise price
$0.00 per unit
Conversion or exercise price for RSUs
Stock closing price
$9.29 per share
Issuer common stock closing price on grant date
RSUs after transaction
24,203 units
Total RSUs held by Armour following this grant
Vesting schedule
1-year cliff
Cliff vesting on one-year anniversary of grant date
Key Terms
Restricted Stock Unit, cliff vest, Equity Incentive Plan, settlement date
4 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents the contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
cliff vest financial
"The Award will cliff vest on the one-year anniversary of the Grant Date"
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
Equity Incentive Plan financial
"granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
settlement date financial
"Vested shares will be delivered to the reporting person on the settlement date"
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the latest Form 4 for TTI show for Joseph Bryan Armour?
The Form 4 shows that Senior Vice President Joseph Bryan Armour received 24,203 restricted stock units on June 5, 2026. These RSUs were granted as equity compensation and will convert into common shares if vesting conditions are satisfied.
How many RSUs did TETRA TECHNOLOGIES INC grant to its executive?
TETRA TECHNOLOGIES INC granted 24,203 restricted stock units to Senior Vice President Joseph Bryan Armour. Each unit represents the contingent right to receive one share of common stock upon vesting, aligning part of his compensation with the company’s share performance.
What are the vesting terms of the RSUs granted to the TTI executive?
The RSUs will cliff vest on the one-year anniversary of the June 5, 2026 grant date, provided Armour continues serving the company through the vesting date. Once vested, the units convert into shares or cash, according to the company’s settlement choice.
At what stock price were Joseph Bryan Armour’s RSUs in TTI granted?
The RSUs were granted when TETRA TECHNOLOGIES INC common stock closed at $9.29 on the grant date. While the RSUs have a $0.00 exercise price, this closing price provides context for the market value at the time of the award.
How can the RSUs granted by TETRA TECHNOLOGIES INC be settled?
After vesting, the RSUs may be settled in common shares, cash, or a combination of both. The company has sole discretion to choose the settlement method on the settlement date, which can affect the executive’s final form of compensation.
What plan governs the RSU grant to the TETRA TECHNOLOGIES INC executive?
The RSU grant was made under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. This plan provides the framework for equity-based awards, including vesting conditions and potential cash or share settlement.