Form 4: TETRA Technologies CEO Vests Equity, Adjusts for Taxes

TETRA Technologies' President & CEO, Brady M. Murphy, reported the vesting of restricted stock units and subsequent share dispositions for tax obligations.

Summary

• Brady M. Murphy, President & CEO of TETRA Technologies Inc. (TTI), reported transactions on August 25, 2025.
• He acquired 57,391 shares of common stock at $0.00 upon the vesting of restricted stock units granted on February 22, 2023.
• Concurrently, 24,306 shares were disposed of at $4.49 per share to cover tax withholding obligations related to the February 22, 2023 RSU vesting.
• Additionally, 60,496 shares of common stock were acquired at $0.00 from the vesting of restricted stock units granted on February 19, 2024.
• Another 25,621 shares were disposed of at $4.49 per share to satisfy tax withholding obligations for the February 19, 2024 RSU vesting.
• Following these transactions, Murphy directly beneficially owns 2,666,357 shares of common stock.
• The remaining unvested portion of the February 22, 2023 RSU award will vest every six months until fully vested on February 25, 2026.
• The remaining unvested portion of the February 19, 2024 RSU award will vest every six months until fully vested on February 25, 2027.

Sentiment

Score: 6

Explanation: The filing is largely neutral as it reports routine executive compensation events (vesting and tax-related dispositions). The continued vesting and significant beneficial ownership are slightly positive, indicating ongoing alignment of executive interests with the company's performance.

Positives

• Vesting of 117,887 restricted stock units (57,391 + 60,496) demonstrates continued executive compensation and alignment with shareholder interests.
• The CEO's direct beneficial ownership of 2,666,357 common shares indicates significant personal investment in the company's performance.

Negatives

• Disposition of 49,927 shares (24,306 + 25,621) to cover tax obligations, which is a common practice but reduces direct shareholding.

Future Outlook

The filing indicates a structured vesting schedule for restricted stock units, with remaining portions of the February 22, 2023 grant vesting until February 25, 2026, and the February 19, 2024 grant vesting until February 25, 2027, suggesting a long-term incentive plan for the CEO.

Industry Context

This routine Form 4 filing reflects standard executive compensation practices within the energy services and technology sector, where equity-based incentives like restricted stock units are common to align management interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The vesting and continued beneficial ownership by the CEO may be viewed positively as it aligns management's interests with shareholder value. The disposition for taxes is a routine event and not typically a concern.

Next Steps

• Remaining unvested restricted stock units from the February 22, 2023 grant will continue to vest every six months until fully vested on February 25, 2026.
• Remaining unvested restricted stock units from the February 19, 2024 grant will continue to vest every six months until fully vested on February 25, 2027.

Key Dates

Keywords

TETRA Technologies, TTI, Form 4, Insider Trading, Restricted Stock Units, Executive Compensation, Brady M. Murphy, Stock Vesting, Share Ownership