Tetra Technlgs SEC Filings

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.

Williams Shawn D. reported acquisition or exercise transactions in this Form 4 filing.

TETRA Technologies director Shawn D. Williams received a grant of 13,987 restricted stock units (RSUs). The award was made under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan and increases his reported RSU holdings to 13,987 units.

Each RSU represents the right to receive one share of common stock once it vests and after he no longer serves as a director. The award will cliff vest on the one-year anniversary of the grant date. Settlement is deferred until the earlier of a change in control of TETRA Technologies or Williams’ separation from service, and the company may choose to settle the RSUs in shares, cash, or a combination. The issuer’s common stock closed at $10.41 on the grant date, indicating the market value of the award on that day.

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.

TETRA Technologies, Inc. reported the results of its Annual Meeting of stockholders held on May 22, 2026. Stockholders elected eight directors, with votes for each nominee ranging from 99,865,325 to 101,608,971, and broker non-votes of 14,168,346 for each director.

Stockholders approved, on a non-binding basis, the compensation of the named executive officers, with 100,758,443 votes for, 1,053,739 against and 81,971 abstentions, plus 14,168,346 broker non-votes. They also ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026, with 115,797,558 votes for.

In addition, stockholders approved Amendment No. 1 to the Company’s Tax Benefits Preservation Plan, with 94,361,437 votes for and 7,490,191 against. Following the meeting, John F. Glick was reappointed as Chair of the Board and the Audit, Human Capital Management and Compensation, and Nominating, Governance and Sustainability committees were reconstituted.

Ameriprise Financial, Inc. amended its Schedule 13G for TETRA Technologies, Inc. The filing reports shared voting power of 5,502,797 shares and shared dispositive power of 5,515,522 shares, representing 4.1% of the outstanding common stock as shown on the cover rows incorporated by reference.

The filing states Ameriprise disclaims beneficial ownership of the reported shares and includes signature and contact details for Michael G. Clarke and Charles Chiesa.

TETRA Technologies, Inc. reported first‑quarter 2026 revenue of $156.3 million, slightly below a year ago, but net income attributable to stockholders rose to $8.3 million, or $0.06 per diluted share, up from $4.0 million, or $0.03, in 2025.

Completion Fluids & Products generated $91.7 million of revenue and $22.4 million of operating income, helped by specialty chemicals and deepwater projects, while Water & Flowback Services delivered $64.5 million of revenue and improved profitability from Latin American facilities and automation. Consolidated operating income fell year over year to $12.8 million due mainly to mix and higher costs.

Operating activities used $11.9 million of cash as working capital absorbed funds and capital expenditures increased to $19.0 million, including $6.6 million plus $1.8 million of capitalized interest for Arkansas brine resource development under a memorandum of understanding with Saltwerx. Cash and cash equivalents were $35.5 million, with total liquidity of $102.7 million and $190.0 million principal outstanding under a Term Credit Agreement bearing 9.52% interest. The company reports compliance with all debt covenants.

TETRA Technologies, Inc. reported stronger first‑quarter 2026 results, returning to profitability and keeping its full‑year outlook intact. For the three months ended March 31, 2026, revenue was $156.3 million, with income from continuing operations of $8.3 million, or $0.06 per share. Adjusted EBITDA was $25.6 million, a solid margin of 16.4% of revenue, helped by high‑margin deepwater completion fluids and industrial chemicals. Completion Fluids & Products generated $91.7 million of revenue and 28.0% Adjusted EBITDA margin, while Water & Flowback Services delivered $64.5 million of revenue and 14.1% Adjusted EBITDA margin.

Cash and cash equivalents were $35.5 million and total debt $181.8 million, for net debt of $146.3 million and a low net leverage ratio of 1.5x trailing Adjusted EBITDA. Operating cash flow used $11.9 million and total Adjusted free cash flow was a use of $31.9 million, largely reflecting $19.0 million of capital expenditures, including spending on the Arkansas bromine and lithium project. Management maintained 2026 guidance, expecting modest revenue growth, Completion Fluids & Products Adjusted EBITDA margins of 25–30% and Water & Flowback Services margins in the mid‑teens, while advancing its longer‑term ONE TETRA 2030 growth strategy in deepwater, specialty chemicals, battery electrolytes and critical minerals.

TETRA Technologies, Inc. is asking stockholders to vote at its 2026 Annual Meeting on four items: electing eight directors for one-year terms, an advisory approval of executive compensation, ratifying Grant Thornton LLP as independent auditor, and ratifying Amendment No. 1 to its Tax Benefits Preservation Plan.

The proxy highlights strong 2025 safety results, the ONE TETRA 2030 strategy centered on fluid chemistry, and growth opportunities in deepwater completion fluids, zinc–bromide battery electrolytes, and large-scale produced-water recycling for data centers and power uses. It also describes a bromine processing plant expected to be mechanically complete by late 2026 and fully operational by 2027, with up to 75 million pounds of annual capacity to support deepwater and battery markets.

The Tax Benefits Preservation Plan, extended to February 28, 2029, is designed to protect approximately $316 million of U.S. federal net operating loss carryforwards and other tax attributes by discouraging investors from acquiring 4.99% or more of the common stock without board approval. The board emphasizes independent oversight, separated Chair and CEO roles, robust stock ownership guidelines, and human capital and sustainability oversight.