Moeller Timothy C 4
Research Summary
AI-generated summary
TETRA (TTI) SVP Timothy Moeller Receives 30,554 RSU Award
What Happened
- Timothy C. Moeller, SVP – Supply Chain & Chemicals at TETRA Technologies, was granted 30,554 restricted stock units (RSUs) on February 18, 2026. The award was reported as a derivative grant with an acquisition price of $0.00. Using the closing stock price on the award date ($11.15), the notional value of the grant was about $340,677. This is a grant (award), not a purchase or sale.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (filed within the common two-business-day window).
- Instrument: 30,554 RSUs (derivative grant, Code A).
- Reported acquisition price: $0.00; implied notional value ≈ $340,677 based on $11.15 closing price (footnote).
- Vesting: One-third vests 2/18/2027, then one-sixth on each Aug 25 and Feb 25 thereafter, fully vested by 2/25/2029, subject to continued service (per plan footnote).
- Plan: Granted under the TETRA Technologies, Inc. Third Amended and Restated 2018 Equity Incentive Plan.
- Settlement: Vested RSUs will be delivered as shares unless the company elects cash or a mix of shares and cash.
- Shares owned after the transaction: Not specified in the filing.
Context
- RSUs are a form of deferred compensation giving the holder the right to receive shares upon vesting; this grant does not represent an immediate market purchase or sale.
- Such awards are common for executive compensation and do not, by themselves, indicate the insider is buying or selling stock.