TETRA TECHNOLOGIES (TTI) CFO vests 137,654 RSUs, surrenders 54,167 shares for taxes
Rhea-AI Filing Summary
TETRA TECHNOLOGIES Sr. Vice President & CFO Elijio V. Serrano exercised restricted stock units and settled related taxes in shares. On March 14, 2026, 137,654 restricted stock units vested and converted into 137,654 shares of common stock on a one-for-one basis. To cover tax withholding on this vesting, 54,167 shares of common stock were surrendered back to the company at $8.22 per share, resulting in a non-market, tax-related disposition rather than an open-market sale. After these transactions, Serrano directly holds 1,635,895 shares of common stock, and there is no remaining unvested portion of this restricted stock unit award.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding, no open-market trading signal.
The transactions show Elijio V. Serrano, Sr. Vice President & CFO of TETRA TECHNOLOGIES INC, receiving equity through compensation rather than making discretionary market trades. He exercised 137,654 restricted stock units that vested into an equal number of common shares.
Of these, 54,167 shares were surrendered at $8.22 per share to satisfy tax withholding obligations, a mechanistic step coded as an F transaction, not an open-market sale. This left him with 1,635,895 directly held common shares after the filings.
The filing indicates there is no remaining unvested portion of this specific restricted stock unit award, and derivativeSummary is empty, suggesting all units from this grant are now fully vested and converted. Overall, this pattern aligns with standard executive compensation practices and carries limited informational value about Serrano’s view on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 137,654 | $0.00 | -- |
| Exercise | Common Stock | 137,654 | $0.00 | -- |
| Tax Withholding | Common Stock | 54,167 | $8.22 | $445K |
Footnotes (1)
- Represents vested shares of restricted stock units granted on March 14, 2025. 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 March 14, 2025. There is no remaining unvested portion of this restricted stock unit award.