Form 4: Tetra Technologies CEO Brady M. Murphy Reports Stock Transactions
SEC Form 4 Filing
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 company stock.
Summary
- On February 19, 2025, Brady M. Murphy, the President & CEO of Tetra Technologies, had 120,992 restricted stock units vest, which converted into common stock.
- Following the vesting, 51,937 shares were surrendered to cover tax withholding obligations at a price of $4.44 per share.
- After these transactions, Murphy directly owns 2,332,574 shares of common stock and 241,985 restricted stock units.
- The remaining unvested restricted stock units will vest every six months until February 25, 2027.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The remaining unvested portion of the restricted stock unit award will vest every six months until fully vested on February 25, 2027.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of key company personnel.
Key Dates
| Date | Description |
|---|---|
| 02/19/2024 | Date of grant for the restricted stock units that vested on February 19, 2025. |
| 02/19/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
| 02/25/2027 | Date when the remaining unvested restricted stock units will be fully vested. |
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