Form 4: Tetra Technologies VP Jacek Mucha Reports Stock Transactions
SEC Form 4
Jacek M. Mucha, VP Finance and Treasurer of Tetra Technologies, reports the vesting and subsequent tax withholding of restricted stock units, resulting in adjustments to his holdings of common stock.
Summary
- On February 25, 2025, Jacek M. Mucha, VP Finance and Treasurer of Tetra Technologies, reported transactions involving restricted stock units (RSUs).
- A total of 6,417 shares vested from RSUs granted on February 21, 2022, and 4,783 shares vested from RSUs granted on February 22, 2023, both converting into common stock on a one-for-one basis.
- To cover tax obligations related to the vesting, 3,103 shares were surrendered at a price of $4.1 per share from the 2022 grant and 1,675 shares were surrendered at a price of $4.1 per share from the 2023 grant.
- Following these transactions, Mucha directly owns 171,052 shares of Tetra Technologies common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It reflects standard compensation practices.
Future Outlook
The remaining unvested portion of the restricted stock unit award granted on February 22, 2023, will vest every six months until fully vested on 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. It provides transparency into the transactions of company insiders.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) as a way to align management's interests with those of shareholders.
- The vesting schedules and tax withholding practices described in the document are standard practices in the industry.
- Companies like Halliburton (HAL), Schlumberger (SLB), and Baker Hughes (BKR) also utilize RSUs as part of their executive compensation plans.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| February 21, 2022 | Date of grant for restricted stock units, part of which vested on February 25, 2025. |
| February 22, 2023 | Date of grant for restricted stock units, part of which vested on February 25, 2025. |
| February 25, 2025 | Date of transactions involving vesting and tax withholding of restricted stock units. |
| February 25, 2026 | Date when the remaining unvested portion of the restricted stock unit award granted on February 22, 2023 will be fully vested. |
| February 26, 2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.