Form 4: Oceaneering International Director Karen H. Beachy Sells 7,600 Shares
SEC Form 4 Filing
Director Karen H. Beachy sold 7,600 shares of Oceaneering International Inc. (OII) at an average price of $20.50 on March 7, 2024.
Summary
- On March 7, 2024, Karen H. Beachy, a director of Oceaneering International Inc. (OII), sold 7,600 shares of common stock.
- The sale was executed at a weighted average price of $20.50 per share, with individual transactions ranging from $20.47 to $20.59.
- Following the transaction, Beachy directly owns 22,786 shares of Oceaneering International Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on March 8, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the sale of shares.
Industry Context
Insider sales are common and can be for various reasons, including diversification or personal financial planning. It's important to consider the overall trend of insider transactions and the company's performance when evaluating the significance of this sale.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Karen H. Beachy sold 7,600 shares of Oceaneering International Inc. |
| 03/08/2024 | Date of Form 4 filing with the SEC. |
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