Moeller Timothy C 4

What Happened
Timothy C. Moeller, SVP — Supply Chain & Chemicals at Tetra Technologies (TTI), had restricted stock units (RSUs) vest on February 25, 2026. Two RSU awards converted into 26,366 shares (12,754 and 13,612 shares) at $0 per share. To satisfy tax withholding, he surrendered 5,935 and 6,429 shares (12,364 total) at $11.14 per share, resulting in cash value withheld of $66,116 and $71,619 respectively (total $137,735). The conversions are reported as derivative-to-common-stock transactions (code M) and the share surrenders for taxes are reported as dispositions (code F).

Key Details

• Transaction date: February 25, 2026. Filing date: February 27, 2026 (filed within normal Form 4 timing).
• Conversions (acquired): 12,754 shares and 13,612 shares at $0.00 (RSU → common stock).
• Tax withholding (disposed): 5,935 shares @ $11.14 = $66,116; 6,429 shares @ $11.14 = $71,619; total withheld ≈ $137,735.
• Net new shares retained by insider: 14,002 shares (26,366 acquired − 12,364 surrendered).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnotes: the smaller award (12,754) vested fully (no remaining unvested portion). The 13,612-share award has remaining unvested units that vest every six months until fully vested on Feb 25, 2027. Surrenders were for tax withholding (routine), not open-market sales.

Context
This was vesting of RSUs with a share-withholding tax payment — a routine administrative event rather than an open-market sale or a purchase that signals a change in insider conviction. The RSUs converted at no cash exercise price (typical for RSUs), and the surrendered shares were returned to the issuer to cover withholding obligations (a cashless tax withholding mechanism), not sold on the market.