Form 4: TETRA Technologies EVP Sanderson Reports RSU Vesting

TETRA Technologies Executive Vice President Matthew Sanderson reported the vesting of restricted stock units and subsequent tax-related share dispositions.

Summary

• Matthew Sanderson, Executive Vice President of TETRA Technologies Inc., reported transactions related to the vesting of restricted stock units (RSUs).
• On August 25, 2025, 15,942 shares of common stock vested from an RSU award granted on February 22, 2023.
• Concurrently, 6,161 shares were disposed of at $4.49 per share to satisfy tax withholding obligations related to the vesting of the February 22, 2023 RSU award.
• Also on August 25, 2025, 15,124 shares of common stock vested from an RSU award granted on February 19, 2024.
• An additional 5,649 shares were disposed of at $4.49 per share to cover tax withholding obligations for the vesting of the February 19, 2024 RSU award.
• Following these transactions, Matthew Sanderson beneficially owns 695,346 shares of TETRA Technologies Inc. common stock.

Sentiment

Score: 7

Explanation: The filing indicates routine executive compensation activities, including the vesting of RSUs and subsequent tax-related share dispositions. The executive's overall beneficial ownership increased, which is generally positive for alignment with shareholders, but the disposition for taxes is a neutral, expected event.

Positives

• Vesting of 31,066 restricted stock units (15,942 + 15,124) indicates continued equity compensation and retention of a key executive.
• The executive's beneficial ownership of common stock increased from 685,871 to 695,346 after the transactions, demonstrating continued alignment with shareholder interests.

Negatives

• A total of 11,810 shares (6,161 + 5,649) were disposed of to cover tax withholding obligations, representing a reduction in direct share ownership.

Future Outlook

The remaining unvested portions of the restricted stock unit awards granted on February 22, 2023, and February 19, 2024, are scheduled to vest every six months until fully vested on February 25, 2026, and February 25, 2027, respectively.

Industry Context

NA

Stakeholder Impact

• Shareholders: The increase in the executive's beneficial ownership aligns management interests with shareholder interests. The disposition of shares for tax purposes is a standard practice and does not indicate a lack of confidence.
• Employees: The vesting of RSUs demonstrates the company's ongoing executive compensation program, which can be a positive signal for employee retention and motivation.

Next Steps

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

Key Dates

Keywords

TETRA Technologies, TTI, Matthew Sanderson, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, SEC Filing