BATES THOMAS R JR 4

What Happened
Thomas R. Bates Jr., a director of Tetra Technologies, received 37,723 shares of common stock on June 12, 2026 when restricted stock units (RSUs) vested and converted on a one-for-one basis. The Form 4 shows an acquisition of 37,723 shares at an exercise/conversion price of $0.00; a corresponding derivative "disposed" entry records the conversion of the RSU derivative into common shares.

Key Details

• Transaction date: 2026-06-12; Form 4 filed 2026-06-15 (appears timely).
• Reported price: $0.00 per share for the conversion (no cash paid on conversion).
• Shares received: 37,723 common shares from vested RSUs.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 notes these were RSUs granted on June 12, 2025 that convert one-for-one to common stock; F2 confirms the RSU award fully vested on June 12, 2026.
• Transaction type: conversion/exercise of a derivative (code M) — RSU vesting, not an open‑market purchase or sale.

Context
This was a compensation-related event (vesting and conversion of RSUs) rather than a market purchase or sale; such transactions reflect scheduled equity compensation and do not by themselves signal the insider’s buying/selling intent. The filing reports the conversion at $0 exercise price; the filing does not state the market value realized or any immediate sale of the shares.