McNiven Roy 4

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.