Form 4: Tetra Technologies VP-Finance Richard O'Brien Reports Stock Transactions
SEC Form 4
Richard O'Brien, VP-Finance & Global Controller of Tetra Technologies, reports the vesting of restricted stock units and subsequent tax withholding, resulting in adjustments to his holdings of common stock.
Summary
- On March 6, 2024, Richard O'Brien, VP-Finance & Global Controller of Tetra Technologies, reported transactions involving common stock.
- 18,723 shares of common stock were acquired through the vesting of restricted stock units at a price of $0.00.
- 4,560 shares were disposed of to satisfy tax withholding obligations at a price of $3.92.
- Following these transactions, O'Brien beneficially owns 310,630 shares of common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
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 relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2023 | Date of grant for the restricted stock units that vested on March 6, 2024 |
| 03/06/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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