Form 4: Tetra Technologies CEO Brady M. Murphy Reports Stock Transactions
SEC Form 4
Brady M. Murphy, President & CEO of Tetra Technologies, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of common stock.
Summary
- On March 8, 2025, Brady M. Murphy, the President & CEO of Tetra Technologies Inc., reported transactions involving the company's common stock.
- 109,379 restricted stock units vested and converted into common stock.
- 46,323 shares were surrendered to cover tax withholding obligations related to the vesting of the restricted stock units at a price of $3.32.
- Following these transactions, Murphy directly owns 2,469,880 shares of Tetra Technologies Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The vesting of restricted stock units and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of grant for the restricted stock units that vested on March 8, 2025. |
| 03/08/2025 | Date of transaction: vesting of restricted stock units and surrender of shares for tax withholding. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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