Form 4: Tetra Tech CEO Batrack Reports Stock Transactions
Insider Transaction Report
Tetra Tech's Chairman and CEO, Dan L. Batrack, reported the acquisition of common stock through RSU vesting and subsequent tax-related dispositions.
Summary
- Dan L. Batrack, Chairman and CEO of Tetra Tech Inc. (TTEK), reported transactions involving the company's common stock and Restricted Stock Units (RSUs).
- On November 30, 2025, Batrack acquired 21,255 shares of common stock and an additional 19,330 shares of common stock upon the vesting and exercise of RSUs, both at a price of $0.
- Following these acquisitions, 22,396 shares were disposed of at $34.74 to cover tax liabilities related to the vested RSUs.
- On November 19, 2025, Batrack was granted 101,010 new Restricted Stock Units (RSUs), which will vest 25% annually starting November 30, 2026.
- After all reported transactions, Batrack directly beneficially owns 332,498 shares of common stock and 101,010 Restricted Stock Units.
Sentiment
Score: 6
Explanation: The filing reflects routine executive compensation activities, including RSU vesting, tax-related share dispositions, and a new RSU grant. The new grant aligns management's long-term interests with shareholders, contributing to a slightly positive sentiment.
Positives
- The Chairman and CEO received a new grant of 101,010 Restricted Stock Units, aligning his interests with long-term shareholder value.
- The acquisition of common stock through RSU vesting increases the CEO's direct ownership in the company, demonstrating continued commitment.
Negatives
- A portion of shares (22,396) was sold to cover tax liabilities, which is a common practice but reduces direct shareholding.
Future Outlook
The new RSU grant for 101,010 units, vesting annually from November 30, 2026, indicates a long-term incentive structure for the CEO, aligning future performance with shareholder returns.
Industry Context
NA
Stakeholder Impact
- Shareholders: Increased alignment of CEO's long-term interests with shareholders due to the new RSU grant.
- Management: Standard compensation and incentive structure for the CEO.
Next Steps
- Continued annual vesting of the 101,010 Restricted Stock Units, commencing November 30, 2026.
Key Dates
| Date | Description |
|---|---|
| 11/19/2025 | Date of earliest transaction, acquisition of 101,010 Restricted Stock Units (RSUs). |
| 11/30/2024 | Vesting start date for 21,255 RSUs (25% annually). |
| 11/30/2025 | Transaction date for RSU vesting and tax-related disposition; Vesting start date for 19,330 RSUs (25% annually). |
| 11/30/2026 | Vesting start date for 101,010 RSUs (25% annually). |
| 12/02/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of Restricted Stock Units (RSUs), subsequent tax-related share dispositions, and a new RSU grant. These transactions are standard and do not indicate any material change in the company's fundamental outlook or the CEO's confidence beyond the established compensation structure. Therefore, a 'hold' recommendation is appropriate as the filing provides no new information to alter an existing investment thesis.
Keywords
TTEK, Tetra Tech, Dan Batrack, CEO, insider trading, Form 4, RSU, stock transactions, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.