Form 4: Tetra Technologies SVP Timothy Moeller Reports Stock Transactions

Timothy Moeller, SVP of Supply Chain & Chemicals at Tetra Technologies, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 6, 2024, Timothy Moeller, SVP of Supply Chain & Chemicals at Tetra Technologies, reported transactions involving Tetra Technologies Inc. (TTI) common stock.
• 27,921 shares of common stock were acquired through the vesting of restricted stock units at a price of $0.00.
• 6,799 shares were disposed of to satisfy tax withholding obligations at a price of $3.92 per share.
• Following these transactions, Moeller directly owns 291,474 shares of Tetra Technologies Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and doesn't inherently indicate positive or negative sentiment.

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 into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor dilutive effect on existing shareholders due to the vesting of new shares, offset slightly by the shares surrendered for tax obligations.

Key Dates