Form 4: Oceaneering International CEO Transfers Shares to LFV, LP
SEC Form 4 Filing
Roderick A. Larson, CEO of Oceaneering International, reports a change in beneficial ownership, transferring shares to LFV, LP.
Summary
- On February 23, 2024, Roderick A. Larson, the President and CEO of Oceaneering International Inc., reported a change in beneficial ownership of the company's common stock.
- Larson transferred 218,040 shares of common stock to LFV, LP, resulting in a decrease in his directly held shares and an increase in his indirectly held shares.
- Following the transaction, Larson directly owns 100,962 shares and indirectly owns 483,078 shares through LFV, LP.
- The reporting person disclaims beneficial ownership of all of the shares held indirectly through this entity except to the extent of the pecuniary interest held therein.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and any changes in the holdings of key executives.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders, as it provides insight into the holdings of the company's CEO.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of transaction: Transfer of common stock to LFV, LP. |
| 02/27/2024 | Date of signature by Attorney-in-Fact. |
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