Murphy Brady M 4

What Happened

• Brady M. Murphy, President & CEO of Tetra Technologies (TTI), had restricted stock units (RSUs) vest on March 14, 2026. The RSUs converted into 371,666 common shares (reported as exercise/conversion of a derivative, code M).
• To cover tax withholding, 157,401 of those shares were surrendered to the company at an implied value of $8.22 per share, resulting in $1,293,836 reported for the withheld shares (transaction code F). No cash exercise price was paid.

Key Details

• Transaction date: 2026-03-14; Filing date: 2026-03-17 (no late‑filing flag shown).
• Conversion: 371,666 RSUs -> 371,666 common shares (acquired via conversion).
• Withholding: 157,401 shares surrendered for taxes at $8.22/share, total $1,293,836.
• Remaining unvested award: Footnote indicates there is no remaining unvested portion of this RSU award (fully vested).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Codes: M = conversion/exercise of derivative (RSU conversion); F = shares surrendered for tax withholding.

Context

• This was an RSU vesting event, not an open‑market purchase or sale; the surrender of shares was to satisfy tax withholding (a common, administrative action), sometimes called a net settlement or share withholding. Such transactions reflect compensation vesting rather than a manager buying or actively selling shares on the market.