Form 4: Civeo Corp SVP, CFO and Treasurer Collin Gerry Reports Share Disposal

Collin Gerry, SVP, CFO and Treasurer of Civeo Corp, reports the disposal of 3,701 common shares at $27.31 on February 23, 2025, and the vesting and disposal of 3,701 phantom shares.

Summary

• On February 23, 2025, Collin Gerry, the SVP, CFO, and Treasurer of Civeo Corp, reported a transaction involving the company's common shares.
• Mr. Gerry disposed of 3,701 common shares.
• The transaction price for the disposed shares was $27.31.
• Additionally, 3,701 phantom shares vested and were disposed of on the same date.
• Following the reported transactions, Mr. Gerry still beneficially owns a certain number of derivative securities.

Sentiment

Score: 5

Explanation: This is a neutral report of an insider transaction. The sentiment is neither positive nor negative as it simply reflects the required disclosure of share disposals.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice across all publicly traded companies.

Stakeholder Impact

• Shareholders may be interested in insider transactions as they can provide insights into management's perspective on the company's stock.

Key Dates

Keywords

Form 4, Civeo Corp, Collin Gerry, Share Disposal, Phantom Shares, Insider Trading, CVEO, SVP CFO and Treasurer