Form 4: Tetra Tech CFO Reports RSU Vesting and New Awards

Tetra Tech's EVP and CFO, Steven M. Burdick, reported recent stock acquisitions from RSU vesting, tax-related share disposals, and new RSU awards.

Summary

• Steven M. Burdick, Executive Vice President and Chief Financial Officer of Tetra Tech Inc. (TTEK), reported multiple transactions related to his beneficial ownership.
• Acquired 3,645 shares of common stock on November 30, 2025, resulting from the vesting of Restricted Stock Units (RSUs).
• Acquired an additional 3,682 shares of common stock on November 30, 2025, also from the vesting of RSUs.
• Disposed of 4,044 shares of common stock on November 30, 2025, at a price of $34.74 per share, to cover tax liabilities associated with the vested RSUs.
• Received a new award of 19,641 Restricted Stock Units (RSUs) on November 19, 2025.
• The newly awarded 19,641 RSUs will vest as to 25% of the shares on November 30, 2026, and 25% annually thereafter until fully vested.
• Following these reported transactions, Burdick directly beneficially owns 149,219 shares of common stock.
• He also holds 19,641 unvested RSUs from the November 19, 2025 award, 7,285 unvested RSUs from a prior award (vesting 25% annually from November 30, 2024), and 11,046 unvested RSUs from another prior award (vesting 25% annually from November 30, 2025).

Sentiment

Score: 7

Explanation: The filing reflects routine executive compensation activities, including significant RSU awards and vesting, which are generally positive for executive retention and alignment. The share disposal is for tax purposes, a standard practice.

Positives

• Award of 19,641 Restricted Stock Units (RSUs) to the EVP, CFO, which aligns management incentives with long-term shareholder interests.
• Vesting of 3,645 and 3,682 RSUs indicates the fulfillment of prior performance or time-based conditions for executive compensation.

Negatives

• Disposal of 4,044 shares of common stock to cover tax liabilities, which, while a standard practice, reduces the executive's direct equity ownership.

Future Outlook

The newly awarded 19,641 Restricted Stock Units will vest in annual 25% increments starting November 30, 2026, indicating future equity compensation for the EVP, CFO, and continued alignment of his interests with the company's performance.

Industry Context

NA

Stakeholder Impact

• Shareholders: The RSU awards and vesting demonstrate continued alignment of executive interests with shareholder value creation.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• Continued annual vesting of the 19,641 RSUs awarded on November 19, 2025, starting November 30, 2026.
• Continued annual vesting of the 7,285 RSUs (from a prior award) starting November 30, 2024.
• Continued annual vesting of the 11,046 RSUs (from a prior award) starting November 30, 2025.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation transactions, including RSU awards and vesting, along with tax-related share disposals. These are standard events and do not provide new fundamental information to warrant a change in investment recommendation based solely on this filing.

Keywords

TTEK, Tetra Tech, Steven M. Burdick, Form 4, SEC filing, insider transaction, Restricted Stock Units, RSU, beneficial ownership, executive compensation