Form 4: Tetra Technologies Director Angela D. John Reports Stock Vesting
SEC Form 4
Director Angela D. John reports the vesting of restricted stock units into common stock of Tetra Technologies.
Summary
- On May 24, 2024, Angela D. John, a director of Tetra Technologies Inc., reported the vesting of 4,160 restricted stock units (RSUs) into common stock.
- These RSUs were granted on March 20, 2024, and vested fully on the report date.
- The conversion of RSUs to common stock is on a one-for-one basis.
- Following the transaction, John directly owns 5,160 shares of Tetra Technologies common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock vesting, a common practice in executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The vesting of stock options may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| February 23, 2024 | Date of Power of Attorney execution. |
| March 20, 2024 | Date restricted stock units were granted. |
| May 24, 2024 | Date of transaction (vesting of restricted stock units). |
| May 29, 2024 | Date of report filing. |
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