Hallead Kurt 4

What Happened

• Kurt Hallead, VP–Treasurer & Investor Relations of Tetra Technologies, Inc. (TTI), received a grant of 6,984 restricted stock units (RSUs) on 2026-02-18. The RSUs were granted at $0 cash cost to the recipient (derivative award). Using the closing stock price on the grant date ($11.15), the award had an approximate grant value of $77,872. This is a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
• Transaction type/code: Award/Grant (A); derivative instrument = RSUs; acquisition price reported as $0.00.
• Shares awarded: 6,984 RSUs; estimated grant value at close on grant date: ~$77,872 (6,984 × $11.15) — per footnote.
• Vesting: One-third vests 2027-02-18; then one-sixth vests on each Aug 25 and Feb 25 thereafter, fully vesting on 2029-02-25, subject to continued service (per plan/footnote).
• Settlement: Vested RSUs will be delivered as shares on settlement date unless the company elects cash or a combination (per footnote).
• Shares owned after transaction: Not specified in this filing.

Context

• RSUs are a form of equity compensation that convert into shares upon vesting and typically reflect compensation/retention, not an immediate market bet. This award vests over time subject to continued service; it does not provide immediate liquidity unless settled in cash by the issuer.