Volpi Kirsten M 4
4 · TETRA TECH INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Tetra Tech (TTEK) Director Kirsten Volpi Exercises Options
What Happened
Kirsten M. Volpi, a director of Tetra Tech Inc. (TTEK), exercised stock options on February 10, 2026. She acquired 1,000 common shares by exercising options at an exercise price of $9.59 per share, for a total cash outlay of $9,590. The filing also shows the corresponding derivative (the option) was converted/disposed (reported at $0), which is the usual bookkeeping entry when an option is exercised.
Key Details
- Transaction date: 2026-02-10
- Exercise: 1,000 shares acquired at $9.59 each (total $9,590) — SEC transaction code M (option exercise)
- Derivative disposition: 1,000 option units reported disposed at $0 (reflects conversion of the option into shares)
- Shares owned after transaction: Not specified in this filing
- Footnote: F1 — the option becomes 100% exercisable on the grant-date anniversary
- Filing timeliness: Report filed 2026-02-12 for a 2026-02-10 transaction (filed promptly; no late-report flag indicated)
Context
This was an exercise of vested options, not an open-market sale — Volpi paid cash to acquire the shares rather than selling them immediately (no cashless sale reported). Exercises are routine for insiders when options vest and do not by themselves indicate a buy/sell opinion; they simply convert an existing derivative into common shares.
Insider Transaction Report
- Exercise/Conversion
COMMON STOCK
2026-02-10$9.59/sh+1,000$9,590→ 70,218 total - Exercise/Conversion
STOCK OPTION (RIGHT TO BUY)
[F1]2026-02-10−1,000→ 8,000 totalExercise: $9.59From: 2018-11-17Exp: 2027-11-18→ COMMON STOCK (1,000 underlying)
Footnotes (1)
- [F1]The option becomes exercisable as to 100% of the shares on the anniversary of the grant date.