Obiaya Christiana 4
Research Summary
AI-generated summary
Tetra Tech (TTEK) Director Christiana Obiaya Exercises 495 RSUs
What Happened
- Christiana Obiaya, a director of Tetra Tech (TTEK), had 495 restricted stock units (RSUs) exercise/convert into shares on 2026-02-19. The reported acquisition price is $0.00 (no cash exercise cost). The filing also shows a simultaneous disposition of 495 derivative units at $0.00. Separately, a balance of 1,469 RSUs were cancelled when she retired from the board.
Key Details
- Transaction date: 2026-02-19; Filing date (accession): 2026-02-20 (timely).
- Reported price: $0.00 for both acquisition and disposition (no cash paid or received per filing).
- Shares owned after the transaction: not disclosed in the Form 4 filing.
- Relevant footnotes: F1–F4 indicate these were RSUs (each converts to one share), vesting was accelerated due to her retirement, RSUs are exercisable at vesting with no set expiration, and 1,469 RSUs were cancelled on retirement.
- Filing timeliness: filed the next day; not marked late.
Context
- This was an RSU vest/convert event rather than an open‑market buy or sale. The simultaneous “disposed” entry at $0.00 commonly reflects withholding or internal settlement associated with RSU conversion (tax withholding or company delivery) rather than an open‑market sale; the Form 4 notes do not show a market sale. For retail investors, such conversion/withholding events are routine after vesting or retirement and do not necessarily signal a buy/sell decision by the insider.