Form 4: Tetra Tech Director Kirsten M. Volpi Sells 1,950 Shares After Stock Split
SEC Form 4
Director Kirsten M. Volpi sold 1,950 shares of Tetra Tech Inc. at $46 per share on September 10, 2024, following a 5-for-1 stock split.
Summary
- On September 10, 2024, Kirsten M. Volpi, a director of Tetra Tech Inc., sold 1,950 shares of common stock at a price of $46 per share.
- Following the transaction, Volpi directly owns 63,790 shares of Tetra Tech Inc.
- The sale occurred after a 5-for-1 stock split, which increased Volpi's holdings by 52,592 shares on September 6, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | 5-for-1 stock split resulting in an additional 52,592 shares of common stock. |
| 09/10/2024 | Kirsten M. Volpi sold 1,950 shares of common stock at $46 per share. |
| 09/12/2024 | Date of signature for the Form 4 filing. |
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