Form 4: TETRA Technologies Inc. Executive Receives Stock Awards

Alicia R. Boston Shoemake, Sr. VP and General Counsel of TETRA Technologies Inc., reports acquisition of restricted stock units.

Summary

• Alicia R. Boston Shoemake, a Senior Vice President and General Counsel at TETRA Technologies Inc. (TTI), filed a Form 4.
• The form details changes in beneficial ownership of securities.
• On February 28, 2025, Ms. Boston Shoemake acquired 58,282 restricted stock units (RSUs).
• She also indirectly acquired 4,080 RSUs through her spouse.
• These RSUs were granted under the TETRA Technologies, Inc. Second Amended and Restated 2018 Equity Incentive Plan.
• One-third of the award will vest on February 28, 2026, and one-sixth will vest semi-annually until fully vested on February 25, 2028, contingent upon continued service.
• The closing price of TTI's common stock on the grant date was $3.79.
• Each RSU represents the right to receive one share of TTI common stock upon vesting.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing related to executive compensation. It is neither particularly positive nor negative, reflecting a neutral sentiment.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages continued service with the company.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule implies an expectation of continued service by the executive.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the alignment of management's interests with shareholders.

Stakeholder Impact

• Shareholders may view the RSU grant as a way to incentivize management performance.
• Employees may see the grant as part of the company's overall compensation strategy.

Key Dates