8-K/A - TETRA Technologies, Inc. | StockGist

AI Analysis

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TETRA Technologies, Inc. filed an 8-K/A disclosing details of CFO Elijio V. Serrano's retirement effective March 31, 2026, appointment of Matthew J. Sanderson as successor CFO, and Serrano's transition agreement through April 2, 2027.

Key Takeaways

1Elijio V. Serrano retires as SVP and CFO effective March 31, 2026, after announcing intent on October 24, 2025.

2Matthew J. Sanderson appointed EVP and CFO effective upon Serrano's retirement; retains certain commercial responsibilities.

3Sanderson's base salary increases to $490,000 from $467,500; target incentive to 90% of base from 80%; long-term awards to $925,000 from $750,000.

4Sanderson's change of control benefits amended to 2.5x base salary and target bonus.

5Serrano's transition agreement provides $125,000 annual salary as advisor through April 2, 2027, with prorated incentives and continued equity vesting.

6Serrano receives additional 17,922 restricted stock units vesting April 2, 2027.

Current Report Details

Event Type

Management Change

Exhibits Only

Disclosure

Amendment

Variant

8-K/A

Items Reported

5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As reported i

Management Change

$490.0K$467.5K$925.0K$750.0K

9.01

Financial Statements and Exhibits. d) Exhibits. Exhibit Number: 10.1 | Description: Transition Agreement, dated April 1, 2026, between TETRA Technologies, Inc.

Exhibits Only

Executive & Director Changes

Elijio V. Serrano

Senior Vice President and Chief Financial Officer

Retirement

Effective: 2026-03-31

Retirement

Matthew J. Sanderson

Executive Vice President and Chief Financial Officer

Appointment

Effective: Upon Serrano's retirement (2026-03-31)

N/A

Exhibits (2)

10.1

EX-10.1

8-K/A