Moeller Timothy C 4
4 · TETRA TECHNOLOGIES INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
TETRA (TTI) SVP Timothy Moeller Exercises RSUs; Surrenders Shares for Taxes
What Happened
Timothy C. Moeller, Senior VP – Supply Chain & Chemicals at TETRA Technologies (TTI), had 27,198 restricted stock units (RSUs) vest on Feb 28, 2026. Those RSUs converted into 27,198 shares of common stock (derivative conversion). To cover tax withholding, 12,199 of those shares were surrendered to the company at an implied withholding price of $8.66 per share (total value withheld = $105,643). Net shares retained by Moeller from this vesting event were 14,999.
Key Details
- Transaction date: 2026-02-28 (reported on Form 4 filed 2026-03-02).
- Primary entries: M (exercise/conversion of derivative) — 27,198 shares acquired at $0.00; F (tax withholding) — 12,199 shares disposed at $8.66, $105,643 value.
- Net effect: 27,198 shares vested → 12,199 surrendered for taxes → 14,999 shares retained.
- Footnotes: F1 = these were RSUs granted 2/28/2025 that convert one-for-one into common stock on vesting; F2 = units surrendered for tax withholding; F3 = the remaining unvested portion of the award vests every six months through 2/25/2028.
- Transaction codes: M = conversion/exercise of derivative (RSU conversion here); F = shares withheld to pay taxes.
- Filing: No late-filing flag noted in the filing data provided.
Context
This was a routine RSU vesting and tax-withholding event, not an open-market sale. Surrendering shares to cover taxes is common and does not necessarily indicate a change in insider sentiment. The transaction increased Moeller’s net holdings by 14,999 shares; additional shares from the award will vest periodically through Feb 25, 2028.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-28+27,198→ 481,644 total - Tax Payment
Common Stock
[F2]2026-02-28$8.66/sh−12,199$105,643→ 469,445 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-28−27,198→ 54,397 totalExercise: $0.00→ Common Stock (27,198 underlying)
Footnotes (3)
- [F1]Represents vested shares of restricted stock units granted on February 28, 2025. 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 28, 2025.
- [F3]The remaining unvested portion of this restricted stock unit award will vest every six months until fully vested on February 25, 2028. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock upon vesting of the unit.