Form 4: Tetra Technologies CFO Serrano Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4
Elijio V. Serrano, CFO of Tetra Technologies, reports the vesting of restricted stock units and subsequent disposal of shares to cover tax obligations.
Summary
- On March 8, 2025, Elijio V. Serrano, the Senior Vice President & CFO of Tetra Technologies Inc., vested 43,752 shares of restricted stock units.
- These restricted stock units convert into common stock on a one-for-one basis.
- Following the vesting, Serrano disposed of 14,154 shares at a price of $3.32 to satisfy tax withholding obligations.
- After these transactions, Serrano beneficially owns 1,402,193 shares of Tetra Technologies common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
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 disposal of shares for tax obligations. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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