Form 4: Civeo Corp Executive Barclay Brewer Reports Share Transactions
SEC Form 4 Filing
Barclay Brewer, Chief Accounting Officer of Civeo Corp, reports the vesting and subsequent disposal of phantom shares, along with the disposal of common shares.
Summary
- On March 2, 2025, Barclay Brewer, the Chief Accounting Officer of Civeo Corp, reported transactions involving Civeo Corp's common shares and phantom shares.
- Brewer acquired 2,940 common shares through the vesting of phantom shares.
- Simultaneously, Brewer disposed of 2,940 common shares at a price of $21.5 per share.
- Following these transactions, Brewer directly owns 9,042 common shares.
- Brewer also holds 7,472 phantom shares.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, with no inherent positive or negative sentiment. It reflects standard executive compensation and portfolio management.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Date of earliest transaction: vesting of phantom shares and disposal of common shares. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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