Murphy Brady M 4
4 · TETRA TECHNOLOGIES INC · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Tetra Technologies (TTI) CEO Brady M. Murphy Receives RSUs, Surrenders Shares for Taxes
What Happened
Brady M. Murphy, President & CEO of Tetra Technologies (TTI), had two restricted stock unit (RSU) awards convert into common shares on February 25, 2026. A total of 117,887 RSUs converted into shares (57,391 + 60,496). To satisfy tax withholding, Murphy surrendered 50,251 of those shares (24,306 + 25,945) at a withholding value of $11.14 per share, totaling $559,796. The RSUs converted at no cash exercise price (reported as $0), leaving a net issuance of 67,636 shares to Murphy (worth about $753,465 at $11.14/share).
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (appears filed within the typical 2-business-day window).
- Converted (M) / Acquired: 57,391 and 60,496 shares (RSU conversion) at $0 exercise price.
- Surrendered for tax withholding (F): 24,306 and 25,945 shares at $11.14 per share; total withholding value $559,796.
- Net shares retained after withholding: 67,636 shares (117,887 converted − 50,251 withheld).
- Footnotes: conversions came from RSU grants dated Feb 22, 2023 (fully vested) and Feb 19, 2024 (partial vesting). The 2023 award has no remaining unvested portion; the 2024 award has remaining units that vest every six months through Feb 25, 2027.
- Filing timeliness: no late filing flag shown; filing date is two days after the transaction date.
Context
- These transactions are conversions of RSUs (derivative instruments) into common stock and a customary “share surrender” to cover tax withholding — not an open-market sale or purchase. Such withholding is routine and doesn’t necessarily signal a view on the stock.
- Because this was a conversion of awarded RSUs (no cash purchase), it’s primarily an equity compensation event rather than an active buy or sell by the insider.
Insider Transaction Report
Form 4
Murphy Brady M
President & CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-25+57,391→ 2,723,748 total - Tax Payment
Common Stock
[F2]2026-02-25$11.14/sh−24,306$270,769→ 2,699,442 total - Exercise/Conversion
Common Stock
[F3]2026-02-25+60,496→ 2,759,938 total - Tax Payment
Common Stock
[F4]2026-02-25$11.14/sh−25,945$289,027→ 2,733,993 total - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-02-25−57,391→ 0 totalExercise: $0.00→ Common Stock (57,391 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F6]2026-02-25−60,496→ 120,993 totalExercise: $0.00→ Common Stock (60,496 underlying)
Footnotes (6)
- [F1]Represents vested shares of restricted stock units granted on February 22, 2023. Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Reflects units surrendered to the Issuer for tax withholding purposes upon the vesting of the restricted stock unit granted on February 22, 2023.
- [F3]Represents vested shares of restricted stock units granted on February 19, 2024. Restricted stock units convert into common stock on a one-for-one basis.
- [F4]Reflects units surrendered to the Issuer for tax withholding purposes upon the vesting of the restricted stock unit granted on February 19, 2024.
- [F5]There is no remaining unvested portion of this restricted stock unit award.
- [F6]The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2027. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.
Signature
Kimberly M. O'Brien, attorney in fact|2026-02-27