TETRA Technologies (NYSE: TTI) director awarded 13,987 RSUs
Rhea-AI Filing Summary
SLOAT JULIA A reported acquisition or exercise transactions in this Form 4 filing.
TETRA Technologies Inc. director Julia A. Sloat received a grant of 13,987 restricted stock units (RSUs). Each RSU represents a right to one share of common stock once vested and after she no longer serves as a director, subject to her deferral election.
The RSU award will cliff vest on the one-year anniversary of the grant date, and settlement is deferred until a change in control of the company or her separation from service. The company may settle the award in shares, cash, or a combination. Following this grant, she holds 13,987 RSUs, reflecting routine equity compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLOAT JULIA A
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, once vested and as soon as practicable after the Reporting Person no longer serves as a director, one share of Issuer's common stock. The closing price of the Issuer's common stock on the date of this RSU award was $10.41.
- F2. This restricted stock unit ("RSU") 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. The Reporting Person has elected to defer settlement of RSUs in accordance with her deferral election form to the earlier to occur of (i) the consummation of a change in control of the Issuer and (ii) the date of her separation of service from the Issuer. 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 RSUs
Underlying common shares: 13,987 shares
Grant price to director: $0.00 per RSU
+3 more
6 metrics
RSUs granted
13,987 RSUs
Grant to director on 2026-05-22
Underlying common shares
13,987 shares
Each RSU equals one common share
Grant price to director
$0.00 per RSU
Equity award granted at no cost
Closing stock price
$10.41 per share
Common stock closing price on RSU grant date
Post-grant RSU holdings
13,987 RSUs
Total restricted stock units following this transaction
Vesting schedule
1-year cliff
Award vests on one-year anniversary of grant date
Key Terms
Restricted Stock Units, cliff vest, change in control, Equity Incentive Plan
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive, once vested..."
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.
change in control financial
"to the earlier to occur of (i) the consummation of a change in control of the Issuer..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TETRA Technologies (TTI) director Julia Sloat report in this Form 4?
Julia A. Sloat reported receiving 13,987 restricted stock units (RSUs) as equity compensation. Each RSU represents a contingent right to one share of TETRA Technologies common stock, subject to vesting and deferred settlement conditions described in the award terms.
How many restricted stock units were granted to the TTI director in this filing?
The director was granted 13,987 restricted stock units. These RSUs convert into an equal number of common shares once vested and settled, providing equity-based compensation tied directly to TETRA Technologies’ share performance over time, rather than immediate cash compensation.
When do Julia Sloat’s TTI RSUs vest and become payable?
The RSU award will cliff vest on the one-year anniversary of the grant date. Once vested, settlement is deferred until either a change in control of TETRA Technologies or her separation from service, according to her deferral election and the plan’s governing terms.
Does this TETRA Technologies Form 4 show any stock purchases or sales?
No, the Form 4 shows only a grant of 13,987 restricted stock units as compensation. There are no open-market purchases or sales; the transaction is a non-cash equity award, with settlement occurring later in shares, cash, or both at the company’s discretion.
What price is associated with the RSU grant reported by TTI’s director?
The RSUs were granted at no cost to the director, with a stated transaction price per unit of $0.00. The footnotes note the closing common stock price on the grant date was $10.41, providing a reference point for the award’s initial notional value.
Under which plan were the TTI restricted stock units granted to the director?
The RSU grant was made under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. This plan governs the terms of the award, including cliff vesting after one year and the company’s flexibility to settle in shares, cash, or a combination.