McNiven Roy 4

What Happened

• Roy McNiven, Senior Vice President of TETRA TECHNOLOGIES, had restricted stock units (RSUs) vest on February 28, 2026. 27,198 RSUs converted into common shares (exercise/conversion of derivative).
• As a tax-withholding action, 10,703 of those shares were surrendered to the company at an effective withholding price of $8.66 per share, totaling $92,688. This was an administrative withholding, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-28; filing date: 2026-03-02.
• Transactions reported: conversion/exercise of 27,198 RSUs (code M) and surrender of 10,703 shares for tax withholding (code F) at $8.66/share, $92,688 total.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — these were vested RSUs granted on Feb 28, 2025 and convert one-for-one into common stock; F2 — 10,703 units were surrendered for tax withholding upon vesting; F3 — remaining unvested portions vest semiannually, fully vesting on Feb 25, 2028.
• Filing timeliness: filing was submitted on 2026-03-02 reporting the 2026-02-28 transactions; no late-filing flag indicated.

Context

• This was a routine vesting and tax-withholding event (conversion of RSUs), not an outright market purchase or discretionary sale. Surrendering shares to cover taxes is common and does not necessarily signal insider sentiment about the company’s stock.
• For retail investors, such administrative conversions are typically less informative about insider confidence than new purchases or large open-market sales.