Tetra Tech (TTEK) CEO receives 28,174 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Argus Roger R reported acquisition or exercise transactions in this Form 4 filing.
TETRA TECH INC President and CEO Roger R. Argus received a grant of 28,174 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Tetra Tech common stock. The RSUs vest 25% on February 19, 2027, and 25% annually thereafter until fully vested. They become exercisable upon vesting and do not have a set expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Argus Roger R
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | 28,174 | $0.00 | -- |
Holdings After Transaction:
RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) — 28,174 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock units (RSUs), each unit of which represents a contingent right to receive one share of Tetra Tech common stock. The RSUs become vested as to 25% of the shares on February 19, 2027, and 25% annually, thereafter, until fully vested. The RSUs are exercisable at the time of vesting and do not have a set expiration date.
FAQ
What insider transaction did Tetra Tech (TTEK) report for Roger R. Argus?
Tetra Tech reported that President and CEO Roger R. Argus acquired 28,174 restricted stock units. These RSUs are a form of equity compensation that can convert into Tetra Tech common shares over time, aligning the executive’s interests with long-term shareholder value.
How many restricted stock units did the TTEK CEO receive in this Form 4 filing?
The CEO received 28,174 restricted stock units. Each RSU represents the right to receive one share of Tetra Tech common stock, subject to vesting conditions. This award increases his direct equity-based incentive tied to the company’s future performance and share price.
What is the vesting schedule for Roger R. Argus’s new Tetra Tech RSUs?
The RSUs vest 25% on February 19, 2027, with 25% vesting each year thereafter until fully vested. This multi‑year vesting schedule encourages long-term retention and links the CEO’s compensation to sustained company performance over several years.
Do the newly granted TTEK restricted stock units have an expiration date?
The RSUs become exercisable at the time of vesting and do not have a set expiration date. Once vested, each unit can be settled for a share of Tetra Tech common stock under the plan’s terms, supporting long-term equity ownership for the CEO.
Is the TTEK CEO’s RSU award reported as a direct or indirect holding?
The award is reported as a direct holding of Roger R. Argus. The Form 4 classifies the ownership as direct, meaning the CEO personally holds the restricted stock units rather than through an entity such as a trust, partnership, or family vehicle.