Form 4: Tetra Tech Director Kimberly E. Ritrievi Sells 6,500 Shares After Stock Split
SEC Form 4 Filing
Director Kimberly E. Ritrievi sold 6,500 shares of Tetra Tech Inc. (TTEK) at $46.48 per share on September 11, 2024, following a 5-for-1 stock split.
Summary
- On September 11, 2024, Kimberly E. Ritrievi, a director of Tetra Tech Inc. (TTEK), sold 6,500 shares of common stock.
- The sale price was $46.48 per share.
- Following the transaction, Ritrievi directly owns 143,200 shares of Tetra Tech Inc.
- On September 6, 2024, Ritrievi's holdings were updated to reflect a 5-for-1 forward stock split, resulting in an additional 119,760 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. This particular filing reflects a director's sale of shares following a stock split, which is a common corporate action.
Stakeholder Impact
- The sale of shares by a director could be perceived differently by stakeholders.
- Some may see it as a lack of confidence, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Balance of 29,940 shares of common stock was updated pursuant to a 5 to 1 forward stock split, resulting in an additional 119,760 shares of common stock. |
| 09/11/2024 | Kimberly E. Ritrievi sold 6,500 shares of Tetra Tech Inc. at $46.48 per share. |
| 09/12/2024 | Date of signature for the Form 4 filing. |
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