Form 4: Tetra Technologies SVP Timothy Moeller Reports Stock Transactions
SEC Form 4 Filing
SVP of Supply Chain & Chemicals at Tetra Technologies, Timothy Moeller, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On March 15, 2025, Timothy Moeller, SVP of Supply Chain & Chemicals at Tetra Technologies, reported transactions involving common stock and restricted stock units (RSUs).
- Moeller acquired 37,019 shares of common stock through the vesting of restricted stock units at a price of $0.00.
- He also disposed of 9,015 shares to cover tax withholding obligations at a price of $3.35.
- Following these transactions, Moeller directly owns 401,588 shares of common stock.
- Additionally, Moeller acquired 82,593 restricted stock units on March 14, 2025, which will vest on March 14, 2026.
- These RSUs represent the settlement of a portion of long-term performance-based cash awards earned from 2022 through 2024.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine stock transactions related to executive compensation. No significant positive or negative implications for the company's outlook.
Positives
- The acquisition of shares through RSU vesting indicates confidence in the company's future performance.
Negatives
- The disposal of shares to cover tax obligations, while standard, slightly reduces Moeller's overall holdings.
Risks
- The value of the RSUs is contingent on the company's stock price and continued service of the reporting person.
Future Outlook
The 82,593 RSUs granted on March 14, 2025, will vest on March 14, 2026, subject to continued service, potentially increasing Moeller's holdings of Tetra Technologies common stock.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Next Steps
- The 82,593 RSUs will vest on March 14, 2026, subject to continued service.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Grant date of 82,593 restricted stock units. |
| 03/15/2025 | Vesting of 37,019 restricted stock units and disposal of 9,015 shares for tax obligations. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
| 03/14/2026 | Vesting date for the 82,593 restricted stock units granted on March 14, 2025. |
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