Form 4: Civeo Corp Director Jagdish Grewal Reports Acquisition and Disposal of Deferred Shares

Director Jagdish Grewal reports acquiring 6,021 deferred shares and disposing of 17,019 deferred shares of Civeo Corp on May 14, 2025.

Summary

• On May 14, 2025, Jagdish Grewal, a director of Civeo Corp, reported a transaction involving deferred shares.
• Grewal acquired 6,021 deferred shares at a price of $0.
• Simultaneously, Grewal disposed of 17,019 deferred shares.
• Following these transactions, Grewal beneficially owns 17,019 deferred shares.
• The deferred share award vests on the earlier of one year from May 14, 2025, or the next annual shareholders' meeting date.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• It may have a minor impact on shareholder confidence depending on how the market interprets the insider's actions.

Key Dates

Keywords

Civeo Corp, Jagdish Grewal, deferred shares, director, Form 4, equity participation plan, beneficial ownership