Boston Shoemake Alicia r 4
Research Summary
AI-generated summary
Tetra (TTI) Sr. VP Alicia Boston Shoemake Receives RSUs, Surrenders Shares
What Happened
- Alicia R. Boston Shoemake, Senior Vice President and General Counsel of Tetra Technologies (TTI), had restricted stock units (RSUs) vest on February 25, 2026. A total of 14,443 RSUs converted into common shares (6,377 + 8,066), recorded as acquisitions at $0.00 per share (conversion).
- To cover tax withholding on those vested awards, 6,140 shares were surrendered to the issuer (2,607 + 3,533) at $11.14/share, generating a withholding value of $68,400. Net shares retained from the vesting: 8,303 shares. These were routine vesting/tax-withholding transactions rather than open-market sales or purchases.
Key Details
- Transaction date: February 25, 2026; Form filed Feb 27, 2026 (appears timely).
- Prices: RSU conversion recorded at $0.00; tax-withholding surrender recorded at $11.14/share.
- Shares: 14,443 shares vested; 6,140 surrendered for tax withholding; net retained = 8,303 shares.
- Footnotes: F1/F3 = vested RSUs (1-for-1 conversion). F2/F4 = units surrendered to issuer for tax withholding. F6 = remaining unvested portion of an award vests every six months until fully vested on Feb 25, 2027.
- Filing status: No indication of a late filing—Form 4 filed two days after the transaction date.
- Codes: M = exercise/conversion of derivative (RSU conversion here); F = payment of exercise price or tax liability (surrender for tax withholding).
Context
- These were RSU vesting and withholding actions (award conversion and tax payment), not open-market sales; such withholdings are routine and reflect tax obligations rather than a cash sale by the insider.
- For retail investors, the notable signal is the insider received and retained net shares (8,303) from vesting, but this activity is primarily administrative (compensation vesting and tax withholding), not a discretionary buy or sell.