Volpi Kirsten M 4
Research Summary
AI-generated summary
Tetra Tech (TTEK) Director Kirsten M. Volpi Exercises Options
What Happened
Kirsten M. Volpi, a director of Tetra Tech (TTEK), exercised stock options on 2026-06-04 to acquire 1,700 shares at an exercise price of $9.59 per share, totaling $16,303. The same filing also shows a simultaneous derivative "disposition" of 1,700 shares at $0.00. The primary event is an option exercise (an acquisition), not a cash sale.
Key Details
- Transaction date: 2026-06-04; filing date: 2026-06-05 (Period of Report 2026-06-04).
- Acquired: 1,700 shares via exercise @ $9.59 — total cost $16,303.
- Disposed: 1,700 shares listed as a derivative disposition @ $0.00 (no proceeds reported).
- Footnote: The option became 100% exercisable on the anniversary of the grant date (F1).
- Shares owned after the transaction: not specified in the provided filing.
- No indication in this filing of a market sale of the acquired shares.
Context
For retail investors: this filing reports an option exercise (conversion of derivatives into shares). The separate $0.00 disposition entry may reflect conversion mechanics (for example, withholding or net settlement), but the filing does not explain the reason. This is an acquisition event rather than a sale; filings like this are factual records of insider option exercises and don’t by themselves explain the insider’s intent.