Form 4: Tetra Technologies SVP Timothy Moeller Reports Stock Transactions
SEC Form 4
Timothy Moeller, SVP of Supply Chain & Chemicals at Tetra Technologies, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On February 25, 2025, Timothy Moeller, SVP of Supply Chain & Chemicals at Tetra Technologies, reported transactions involving common stock.
- These transactions included the vesting of 17,112 restricted stock units granted on February 21, 2022, and 12,753 restricted stock units granted on February 22, 2023, which converted into common stock on a one-for-one basis.
- Moeller also surrendered 4,167 and 3,083 units, respectively, to cover tax withholding obligations at a price of $4.1 per share.
- Following these transactions, Moeller beneficially owns 373,584 shares of Tetra Technologies common stock.
- The remaining unvested portion of the restricted stock units granted on February 22, 2023, will vest every six months until February 25, 2026.
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 portion of the restricted stock units granted on February 22, 2023, will vest every six months until February 25, 2026.
Industry Context
This Form 4 filing 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 the total outstanding shares of the company.
Key Dates
| Date | Description |
|---|---|
| February 21, 2022 | Date of grant for 17,112 restricted stock units. |
| February 22, 2023 | Date of grant for 12,753 restricted stock units. |
| February 25, 2025 | Date of transactions: vesting of restricted stock units and tax withholding. |
| February 25, 2026 | Date when the remaining unvested portion of the February 22, 2023, restricted stock unit award will be fully vested. |
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