Form 4: TETRA Technologies Director Reports Stock Unit Grant

Director Sharon D. McGee of TETRA Technologies Inc. received a grant of 13,987 restricted stock units on May 22, 2026, vesting one year from the grant date.

Summary

• Sharon D. McGee, a Director at TETRA Technologies Inc. (TTI), was granted 13,987 restricted stock units (RSUs) on May 22, 2026.
• Each RSU represents the right to receive one share of the company's common stock upon vesting.
• The RSUs are subject to a one-year cliff vesting period, contingent on continued service with the company.
• Vested shares will be delivered on the settlement date, though the company retains the discretion to settle in cash or a combination of cash and shares.
• The grant was made under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan.
• The closing price of TTI's common stock on the grant date was $10.412 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard equity award to a director and does not contain new financial performance data or strategic shifts.

Positives

• Director compensation through equity awards aligns management interests with shareholders.
• The grant of RSUs indicates continued investment in retaining key leadership personnel.
• The vesting schedule encourages long-term commitment to the company.

Negatives

• The value of the award is subject to the future performance and stock price of TETRA Technologies Inc.

Risks

• The value of the restricted stock units is dependent on the future stock price of TETRA Technologies Inc., which could decline.
• Continued service is a condition for vesting, meaning any departure before the vesting date would result in forfeiture of the award.

Future Outlook

The restricted stock units granted will vest on the one-year anniversary of the grant date, subject to continued service. Vested shares will be delivered on the settlement date, with the company having the option to settle in cash or a combination of cash and shares.

Industry Context

StockSavvy.ai notes that equity awards, such as restricted stock units, are a common form of compensation for directors and executives in the energy services sector, aiming to align their financial interests with the long-term performance of the company and its stock price.

Stakeholder Impact

• Shareholders: The grant of RSUs is a standard compensation practice and does not immediately impact share count, but future share issuance upon vesting will dilute existing shareholders.

Next Steps

• Vesting of restricted stock units on May 22, 2027, contingent on continued service.
• Settlement of vested RSUs, potentially in cash or shares, at the company's discretion.

Key Dates

Keywords

TETRA Technologies, TTI, Form 4, SEC Filing, Restricted Stock Units, RSU, Equity Incentive Plan, Director Compensation, Stock Award, Beneficial Ownership