McNiven Roy 4
4 · TETRA TECHNOLOGIES INC · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Tetra Technologies (TTI) Sr. VP Roy McNiven Receives 30,554 RSU Award
What Happened Roy McNiven, Senior Vice President of Tetra Technologies (TTI), was granted 30,554 restricted stock units (RSUs) on February 18, 2026. The award is recorded as a derivative acquisition at $0.00 (transaction code A). Using the stock closing price on the grant date ($11.15), the award’s notional value is approximately $340,677. This is an equity compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-18; filing date: 2026-02-20 (filed within the usual 2-business-day window).
- Transaction type/code: Award of RSUs (A); acquisition price reported as $0.00.
- Number of RSUs granted: 30,554 (each RSU converts to one share upon vesting).
- Reported value at grant: approx. $340,677 (30,554 × $11.15 closing price on grant date).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1 — each RSU is a contingent right to one share on vesting; F2 — vesting schedule: one-third on Feb 18, 2027, then one-sixth each Aug 25 and Feb 25 thereafter, fully vested Feb 25, 2029; settlement may be in shares, cash, or a mix. Grant made under the company’s Third Amended and Restated 2018 Equity Incentive Plan.
Context This was an equity compensation award (RSUs), a common form of executive pay. RSUs are derivative awards that only convert into actual shares when they vest according to the schedule above; the company may elect to settle in shares, cash, or both. Awards provide long-term alignment but are not the same as an insider buying shares on the open market.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-18+30,554→ 30,554 totalExercise: $0.00Exp: 2029-02-25→ Common Stock (30,554 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents the contingent right to receive one share of Issuer's common stock upon vesting of the unit. The closing price of the Issuer's common stock on the date of this RSU award was $11.15.
- [F2]The RSU was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan. One-third of the award will vest on February 18, 2027 and one-sixth of the award will vest on each August 25th and February 25th thereafter until fully vested on February 25, 2029, subject to continued service with the Issuer on each respective vesting date. Vested shares will be delivered to the reporting person on the settlement date unless the Issuer elects to settle the RSUs in cash, or a combination of shares and cash, in the Issuer's sole discretion.