TETRA Technologies (NYSE: TTI) grants 13,987 RSUs to board member
Rhea-AI Filing Summary
BATES THOMAS R JR reported acquisition or exercise transactions in this Form 4 filing.
TETRA Technologies Inc. director Thomas R. Bates Jr. received a grant of 13,987 restricted stock units on May 22, 2026. Each RSU represents the right to receive one share of common stock upon vesting. The closing share price on the grant date was $10.41, indicating the economic value of the award.
The RSUs will cliff vest on the one-year anniversary of the grant date, subject to Mr. Bates’ continued service with the company. Upon vesting, the company may settle the award in shares, cash, or a combination, at its sole discretion. Following this grant, Mr. Bates holds 13,987 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BATES THOMAS R JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,987 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 13,987 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 $10.41
- 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: 13,987 units
Transaction price per RSU: $0.00
Closing stock price: $10.41
+2 more
5 metrics
RSUs granted
13,987 units
Restricted stock units granted to director on May 22, 2026
Transaction price per RSU
$0.00
Grant or award acquisition, no cash paid by director
Closing stock price
$10.41
Issuer’s common stock closing price on RSU award date
Underlying common shares
13,987 shares
Each RSU represents one share of common stock upon vesting
Post-transaction RSU holdings
13,987 units
Total RSUs held directly by the director after the grant
Key Terms
Restricted Stock Units, cliff vest, Equity Incentive Plan, settlement date
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.