TETRA Technologies (TTI) CEO receives 130,942 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murphy Brady M reported acquisition or exercise transactions in this Form 4 filing.
TETRA Technologies President and CEO Brady M. Murphy received a grant of 130,942 restricted stock units (RSUs) on February 18, 2026. Each RSU represents the right to receive one share of common stock, and the company’s stock closed at $11.15 on the grant date.
The award was granted under the company’s equity incentive plan. One-third of the RSUs will vest on February 18, 2027, and one-sixth will vest on each August 25 and February 25 thereafter until fully vested on February 25, 2029, contingent on continued service. The company may settle vested RSUs in shares, cash, or a combination.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murphy Brady M
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 130,942 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 130,942 shares (Direct)
Footnotes (1)
- 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 $11.15. The RSU was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 18, 2027 and one-sixth of the award will vest on each August 25th and February 25th thereafter until fully vested on February 25, 2029, subject to continued service with the Issuer on each respective vesting 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.
FAQ
What did TETRA Technologies (TTI) report in this Form 4 filing?
TETRA Technologies reported that President and CEO Brady M. Murphy received a grant of 130,942 restricted stock units. These units are part of his equity compensation and convert into common shares as they vest over time, subject to continued service.
How many restricted stock units did TTI CEO Brady Murphy receive?
Brady Murphy received 130,942 restricted stock units. Each unit represents the right to one share of TETRA Technologies common stock, subject to vesting conditions. This grant increases his equity-based compensation and aligns his interests with long-term shareholder value creation through stock performance.
What is the vesting schedule for Brady Murphy’s RSU award at TTI?
The RSU award vests over three years. One-third vests on February 18, 2027, and one-sixth vests on each August 25 and February 25 afterward, ending February 25, 2029. Vesting requires Brady Murphy’s continued service with TETRA Technologies on each vesting date.
At what stock price were Brady Murphy’s RSUs valued on the grant date?
On the RSU grant date, TETRA Technologies’ common stock closed at $11.15 per share. This closing price provides a reference value for the 130,942 RSUs granted, indicating the approximate market value of the equity award at the time it was issued.
Under which plan were Brady Murphy’s RSUs at TTI granted?
The RSUs were granted under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. This plan governs equity awards for eligible participants, including executives, and is used to provide long-term incentives tied to the company’s stock performance.