Form 4: Tetra Technologies Inc: Officer Shoemake Reports Stock Transactions
SEC Form 4
Alicia R. Boston Shoemake, General Counsel of Tetra Technologies Inc, reports the vesting and disposal of shares to cover tax obligations.
Summary
- On March 6, 2024, Alicia R. Boston Shoemake, General Counsel of Tetra Technologies Inc, reported transactions involving common stock.
- 18,119 shares of restricted stock units vested and converted into common stock.
- 4,412 shares were disposed of to satisfy tax withholding obligations at a price of $3.92 per share.
- Following these transactions, Ms. Shoemake directly owns 109,554 shares of common stock and indirectly owns 4,259 shares through a spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/06/2023 | Date of grant for restricted stock units that vested on March 6, 2024 |
| 03/06/2024 | Date of stock transactions: vesting of restricted stock units and disposal of shares for tax obligations |
| 03/08/2024 | Date of signature for the Form 4 filing |
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