Murphy Brady M 4

What Happened
Brady M. Murphy, President & CEO of Tetra Technologies (TTI), had 116,564 restricted stock units (RSUs) convert into common shares on February 28, 2026 (reported on a Form 4 filed March 2, 2026). Of the shares issued on vesting, 49,365 were surrendered to the company to satisfy tax withholding obligations at $8.66 per share, totaling $427,501. The filing shows both the acquisition (conversion of RSUs into common stock) and the corresponding derivative reporting entries.

Key Details

• Transaction date: February 28, 2026; Form 4 filed March 2, 2026 (appears timely).
• Conversion: 116,564 RSUs converted into 116,564 common shares (acquired at $0.00 per share).
• Tax withholding: 49,365 shares surrendered / disposed at $8.66 per share = $427,501 (reported as payment of tax liability).
• Additional reporting note: the filing includes a derivative disposition entry tied to the RSU conversion (reporting mechanics).
• Shares owned after transaction: not specified in the provided summary—see the Form 4 for total beneficial ownership.
• Footnotes: (F1) these were vested RSUs granted Feb 28, 2025 that convert one-for-one into common stock; (F2) units were surrendered for tax withholding; (F3) remaining unvested RSUs vest every six months through Feb 25, 2028.

Context
This was not an open-market sale but a routine conversion of vested RSUs and surrender of shares to cover taxes—a common administrative transaction that does not necessarily signal a change in the insider’s market view. For retail investors, purchases or open-market sales can be more informative than routine tax-withholding surrender of vested awards.