Form 4: Tetra Technologies Inc: Officer Shoemake Reports Stock Transactions
SEC Form 4 Filing
Alicia R. Boston Shoemake, General Counsel of Tetra Technologies Inc, reports the vesting and disposal of restricted stock units to cover tax obligations.
Summary
- On February 19, 2025, Alicia R. Boston Shoemake, General Counsel of Tetra Technologies Inc, vested 16,132 shares of restricted stock units, which converted into common stock.
- She also disposed of 6,881 shares of common stock to satisfy tax withholding obligations at a price of $4.44 per share.
- Following these transactions, Shoemake directly owns 118,890 shares of common stock and indirectly owns 7,093 shares through her spouse.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an officer, with no inherent positive or negative implications for the company's overall performance.
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 of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/19/2024 | Date of grant of restricted stock units |
| 02/19/2025 | Vesting of restricted stock units and disposal of shares for tax obligations |
| 02/21/2025 | Date of signature for the Form 4 filing |
| 02/25/2027 | Date when the remaining unvested portion of the restricted stock unit award will be fully vested |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.