Form 4: Civeo Corp CEO Bradley J. Dodson Reports Stock Transactions
SEC Form 4 Filing
Civeo Corp's CEO, Bradley J. Dodson, reports the vesting and subsequent disposal of phantom shares on February 23 and 25, 2024.
Summary
- Bradley J. Dodson, the President & CEO of Civeo Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 23, 2024, 13,486 phantom shares vested and were subsequently disposed of at a price of $22.4 per share.
- Following this transaction, Dodson directly owns 227,330 common shares.
- On February 25, 2024, another 19,060 phantom shares vested and were disposed of at $22.4 per share.
- After the second transaction, Dodson still directly owns 227,330 common shares.
- The remaining phantom share holdings are 65,093 and 46,033 respectively.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | 13,486 phantom shares vested and were disposed of. |
| 02/25/2024 | 19,060 phantom shares vested and were disposed of. |
| 02/27/2024 | Date of the Form 4 filing. |
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