Form 4: Tetra Technologies VP Jacek Mucha Reports Stock Transactions
SEC Form 4
Jacek M. Mucha, VP Finance and Treasurer at Tetra Technologies, reports the vesting of restricted stock units and subsequent tax withholding, resulting in adjustments to his beneficial ownership.
Summary
- On March 6, 2024, Jacek M. Mucha, VP Finance and Treasurer of Tetra Technologies, reported transactions involving common stock.
- 14,461 restricted stock units vested and converted into common stock at a price of $0.00.
- 5,402 shares were surrendered to cover tax withholding obligations at a price of $3.92.
- Following these transactions, Mucha directly owns 152,412 shares of Tetra Technologies common stock.
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.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares from vested RSUs.
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 for the Form 4 filing. |
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