Form 4: Tetra Technologies Inc. Executive Serrano Elijio V Reports Stock Transactions

Sr. Vice President & CFO of Tetra Technologies Inc., Elijio V Serrano, reports the vesting of restricted stock units and subsequent tax withholding, affecting his beneficial ownership of common stock.

Summary

• On February 19, 2025, Elijio V Serrano, Sr. Vice President & CFO of Tetra Technologies Inc., vested 40,331 shares of restricted stock units, which converted into common stock.
• Following the vesting, 14,253 shares were surrendered to cover tax withholding obligations at a price of $4.44 per share.
• After these transactions, Serrano directly owns 1,338,923 shares of Tetra Technologies Inc. common stock.
• Serrano also holds 80,662 unvested restricted stock units, which will vest every six months until February 25, 2027.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions, neither particularly positive nor negative. It reflects standard executive compensation practices.

Future Outlook

The remaining unvested portion of the restricted stock unit award will vest every six months until fully vested on February 25, 2027.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minor impact on the total outstanding shares of the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Vesting, Tax Withholding, Common Stock, Tetra Technologies Inc., TTI, Serrano Elijio V, Insider Trading