Form 4: Tetra Technologies Executive Matthew Sanderson Reports Stock Transactions

Executive Vice President Matthew Sanderson reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Tetra Technologies Inc. stock.

Summary

• On February 19, 2025, Matthew Sanderson, an Executive Vice President at Tetra Technologies Inc., reported transactions involving the company's common stock.
• 30,248 restricted stock units vested and converted into common stock at a price of $0.00 per share.
• 12,495 shares were surrendered to cover tax withholding obligations at a price of $4.44 per share.
• Following these transactions, Sanderson directly owns 628,149 shares of Tetra Technologies Inc. common stock and 60,497 restricted stock units.
• The remaining unvested portion of the restricted stock unit award will vest every six months until fully vested on February 25, 2027.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The remaining unvested restricted stock units will continue to vest every six months until February 25, 2027.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the equity-based compensation of key executives.

Stakeholder Impact

• The transaction affects the total number of outstanding shares, but the impact is likely minimal.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Executive Compensation, Stock Transactions, Tetra Technologies Inc., TTI, Matthew Sanderson