Form 4: Director Eric Thornburg Receives RSU Grant at Tetra Tech

Tetra Tech Director Eric W. Thornburg was granted 1,259 restricted stock units as part of his compensation package.

Summary

• Director Eric W. Thornburg acquired 1,259 restricted stock units (RSUs) on April 27, 2026.
• Each RSU represents a contingent right to receive one share of Tetra Tech common stock.
• The grant is valued at $0 per unit at the time of issuance.
• The RSUs are scheduled to vest 100% on April 27, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Market volatility affecting the future value of the underlying common stock upon vesting.

Future Outlook

The RSUs will vest in full on April 27, 2027, at which point the director will be entitled to receive shares of common stock.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the engineering and consulting sector to ensure board members maintain a vested interest in company performance.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices among S&P 500 and mid-cap engineering firms.
• Vesting periods of one year for director equity grants are common practice to balance retention and performance incentives.

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director remuneration.

Next Steps

• Vesting of the 1,259 RSUs on April 27, 2027.

Key Dates

Keywords

Tetra Tech, TTEK, Form 4, Insider Trading, Restricted Stock Units, Director Compensation