Form 4: TETRA CFO Serrano Vests, Sells Shares for Tax

TETRA Technologies' Sr. VP & CFO, Elijio V. Serrano, reported the vesting of restricted stock units and subsequent sale of shares for tax withholding purposes.

Summary

• Elijio V. Serrano, Sr. Vice President & CFO of TETRA Technologies Inc. (TTI), reported transactions on March 14, 2026.
• 137,654 restricted stock units, granted on March 14, 2025, vested and converted into common stock on a one-for-one basis.
• 54,167 shares were surrendered to the Issuer for tax withholding purposes at a price of $8.22 per share.
• Following these transactions, Serrano beneficially owns 1,635,895 shares of TETRA Technologies Inc. common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine, expected transaction related to executive compensation, reflecting the execution of a pre-established equity incentive plan rather than a discretionary trading decision.

Positives

• The vesting of 137,654 restricted stock units indicates the successful execution of a long-term incentive plan for a key executive.
• The conversion of restricted stock units into common stock increases the executive's direct ownership in the company (net of tax withholding).

Negatives

• 54,167 shares were disposed of for tax withholding purposes, reducing the executive's net beneficial ownership compared to the gross vested amount.

Industry Context

StockSavvy.ai notes that this type of insider transaction, involving the vesting of restricted stock units and subsequent share disposition for tax obligations, is a routine and common occurrence across all industries for executives participating in equity compensation plans.

Stakeholder Impact

• Shareholders: The net increase in shares held by a senior executive aligns their interests with long-term shareholder value, though the tax-related sale is a neutral event.
• Employees (Executive): The vesting and conversion of RSUs represent a realization of compensation for the Sr. VP & CFO.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving the vesting of restricted stock units and subsequent share disposition for tax purposes. It does not provide new fundamental information to alter an investment thesis, thus a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

TTI, TETRA Technologies, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, RSU Vesting, Stock Sale, Tax Withholding, Elijio V. Serrano