STOCK TITAN

TETRA Technologies (TTI) CEO exercises RSUs and surrenders shares for taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TETRA Technologies President & CEO Brady M. Murphy reported equity award activity involving restricted stock units and common shares. On February 28, 2026, he exercised 116,564 restricted stock units, converting them into an equal number of common shares at a stated price of $0.00 per share.

Following this derivative exercise, his directly held common stock increased to 2,850,557 shares, before a separate disposition related to tax obligations. On the same date, 49,365 common shares were surrendered at $8.66 per share to cover tax withholding upon vesting, a tax-withholding disposition rather than an open-market sale. After this tax-related share surrender, his direct common stock holdings totaled 2,801,192 shares.

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Insider Murphy Brady M
Role President & CEO
Type Security Shares Price Value
Exercise Restricted Stock Units 116,564 $0.00 --
Exercise Common Stock 116,564 $0.00 --
Tax Withholding Common Stock 49,365 $8.66 $428K
Holdings After Transaction: Restricted Stock Units — 233,128 shares (Direct); Common Stock — 2,850,557 shares (Direct)
Footnotes (1)
  1. Represents vested shares of restricted stock units granted on February 28, 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 February 28, 2025. The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2028. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Murphy Brady M

(Last) (First) (Middle)
10000 ENERGY DRIVE
SUITE 600

(Street)
SPRING TX 77389

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TETRA TECHNOLOGIES INC [ TTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/28/2026 M(1) 116,564 A $0.00 2,850,557 D
Common Stock 02/28/2026 F(2) 49,365 D $8.66 2,801,192 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0.00 02/28/2026 M(1) 116,564 (3) (3) Common Stock 116,564 $0.00 233,128 D
Explanation of Responses:
1. Represents vested shares of restricted stock units granted on February 28, 2025. Restricted stock units convert into common stock on a one-for-one basis.
2. Reflects units surrendered to the Issuer for tax withholding purposes upon the vesting of the restricted stock unit granted on February 28, 2025.
3. The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2028. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.
Remarks:
Kimberly M. O'Brien, attorney in fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did TETRA Technologies (TTI) report for Brady M. Murphy?

TETRA Technologies reported that President & CEO Brady M. Murphy exercised 116,564 restricted stock units into common shares and surrendered 49,365 common shares for tax withholding on February 28, 2026, as part of scheduled equity award vesting and related tax obligations.

How many restricted stock units did the TTI CEO convert into common stock?

Brady M. Murphy converted 116,564 restricted stock units into an equal number of TETRA Technologies common shares. The filing states these units converted on a one-for-one basis at a stated price of $0.00 per share, reflecting the vesting of previously granted equity compensation.

Were any of the TTI CEO’s reported transactions open-market stock sales?

The filing describes a tax-withholding disposition, not an open-market sale. Murphy surrendered 49,365 common shares at $8.66 per share to TETRA Technologies to satisfy tax withholding obligations triggered by the vesting of his restricted stock units granted on February 28, 2025.

What are Brady M. Murphy’s direct TTI common stock holdings after these transactions?

After exercising restricted stock units and surrendering shares for tax withholding, Brady M. Murphy directly holds 2,801,192 shares of TETRA Technologies common stock. This figure reflects his direct ownership following the February 28, 2026 transactions disclosed in the Form 4 insider filing.

How are the TTI restricted stock units structured for the CEO’s award?

Each restricted stock unit represents a contingent right to receive one TETRA Technologies common share upon vesting. The remaining unvested portion of this award is scheduled to vest every six months until fully vested on February 25, 2028, according to the filing’s footnotes.

Why did TETRA Technologies’ CEO surrender shares in this Form 4 filing?

The CEO surrendered 49,365 common shares to TETRA Technologies to cover tax withholding arising from the vesting of restricted stock units granted on February 28, 2025. This tax-withholding disposition settles tax liabilities without requiring a separate cash payment for those obligations.