BATES THOMAS R JR 4

What Happened

• Thomas R. Bates Jr., a director of TETRA Technologies, received a grant of 13,987 restricted stock units (RSUs) on 2026-05-22. The filing shows an acquisition price of $0.00 (granted as compensation). Using the closing stock price on the grant date ($10.41), the award’s notional value is approximately $145,600.
• This was an equity award (not an open-market buy or sale). RSUs are a form of deferred compensation and do not represent immediate stock ownership until they vest and settle.

Key Details

• Transaction date: 2026-05-22; Form 4 filed 2026-05-26 (filed within the 2-business-day reporting window).
• Award: 13,987 RSUs; acquisition reported at $0.00 (derivative grant). Closing price on grant date: $10.41 (per filing footnote) — implied value ≈ $145.6K.
• Vesting: Award cliff vests on the one-year anniversary of the grant date, subject to continued service. Settlement may be in shares, cash, or a combination at the issuer’s discretion.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 explains each RSU converts to one share upon vesting; F2 states the award is granted under the company’s 2018 Equity Incentive Plan and describes vesting/settlement terms.

Context

• RSU grants are common director/executive compensation and are routine; they reflect compensation decisions rather than a direct open-market purchase or sale signal. RSUs only convert to actual shares (or cash) if and when they vest and are settled.