Tetra Tech (TTEK) Director Kirsten Volpi Exercises Options

What Happened
Kirsten M. Volpi, a director of Tetra Tech (TTEK), exercised stock options on August 4, 2026, resulting in the acquisition of 2,300 common shares by paying $9.59 per share (total cash paid $22,057). The Form 4 shows a corresponding disposition entry of the derivative (the option) for 2,300 shares at $0.00, reflecting the conversion/termination of the option upon exercise (transaction code M).

Key Details

• Transaction date: 2026-08-04; Form filed: 2026-08-06 (appears timely).
• Acquired: 2,300 shares at $9.59 each — total cash paid $22,057.
• Disposed (derivative): 2,300 units at $0.00 — indicates the option was converted/terminated.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — "The option becomes exercisable as to 100% of the shares on the anniversary of the grant date."
• No 10b5-1 plan, tax-withholding disposition, or late filing flag noted in the provided data.

Context
This was an option exercise (insider paid the strike price to receive shares), not an open-market purchase or sale of stock. The derivative-disposition line is a standard way to report that the option ceased to exist once exercised; it does not mean the shares were sold. Exercises are common insider transactions and do not by themselves signal a buy-or-sell view of the company.