TETRA TECHNOLOGIES (TTI) awards 30,554 RSUs to senior vice president
Rhea-AI Filing Summary
McNiven Roy reported acquisition or exercise transactions in this Form 4 filing.
TETRA TECHNOLOGIES INC reported that Sr. Vice President Roy McNiven received an equity award of 30,554 Restricted Stock Units (RSUs) on February 18, 2026. Each RSU represents the right to receive one share of common stock upon vesting.
The award was granted under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. The closing stock price on the grant date was $11.15. 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, subject to continued service. Vested RSUs will be settled in shares, cash, or a combination at the company’s discretion.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 30,554 | $0.00 | -- |
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.