Form 4: Tetra Tech Director Volpi Exercises Stock Options
SEC Form 4 Filing
Director Kirsten M. Volpi of Tetra Tech Inc. exercised stock options and acquired common stock on August 12, 2024.
Summary
- On August 12, 2024, Kirsten M. Volpi, a director of Tetra Tech Inc., exercised stock options to acquire 300 shares of common stock at a price of $47.95 per share.
- Following the transaction, Volpi directly owns 13,148 shares of common stock and 3,200 stock options.
- The stock options exercised were granted on November 17, 2017, and became fully exercisable on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine exercise of stock options by a director.
Key Dates
| Date | Description |
|---|---|
| 11/17/2018 | Date when the stock options became fully exercisable (first anniversary of grant date). |
| 11/18/2027 | Expiration date of the stock options. |
| 08/12/2024 | Date of the transaction where stock options were exercised. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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.