Director Christiana Obiaya acquires 495 Tetra Tech (TTEK) shares on RSU vesting, retires from board
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TETRA TECH INC director Christiana Obiaya acquired 495 shares of common stock through the exercise and conversion of restricted stock units (RSUs) on February 19, 2026. The RSUs converted on a one-for-one basis into Tetra Tech common shares at a price of $0.00 per share, bringing her directly held common stock holdings to 9,666 shares after the transaction.
The filing explains that this RSU vesting had originally been scheduled for November 18, 2026, but the vesting was accelerated upon her retirement from the company’s board of directors. The RSUs are exercisable at the time of vesting and do not have a set expiration date, and a remaining balance of 1,469 RSUs was cancelled in connection with her retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
495 shares exercised/converted
Mixed
2 txns
Insider
Obiaya Christiana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) | 495 | $0.00 | -- |
| Exercise | COMMON STOCK | 495 | $0.00 | -- |
Holdings After Transaction:
RESTRICTED STOCK UNITS (RIGHT TO RECEIVE) — 0 shares (Direct);
COMMON STOCK — 9,666 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. Vesting of the RSUs, which was initially scheduled for November 18, 2026, was accelerated on the Reporting Person's retirement from the Issuer's board of directors. The RSUs are exercisable at the time of vesting and do not have a set expiration date. Balance of 1,469 RSUs were cancelled upon retirement.
FAQ
What insider transaction did TETRA TECH INC (TTEK) director Christiana Obiaya report?
Christiana Obiaya reported acquiring 495 shares of Tetra Tech common stock via the exercise and conversion of restricted stock units on February 19, 2026. This was recorded as a derivative exercise, not an open-market purchase, and increased her directly held common shares to 9,666.
What does the Form 4 say about the terms of Christiana Obiaya’s TTEK RSUs?
The Form 4 notes that each restricted stock unit represented a contingent right to receive one share of Tetra Tech common stock. The RSUs became exercisable at the time of vesting, have no set expiration date, and were converted into common shares at a price of $0.00 per share.