Form 4: Oceaneering International Inc. Executive Acquires Shares as Compensation
SEC Form 4 Filing
Leonardo P. Granato, SVP at Oceaneering International, acquired 6,875 shares of common stock as compensation on February 23, 2024.
Summary
- Leonardo P. Granato, a Senior Vice President at Oceaneering International Inc., acquired 6,875 shares of common stock on February 23, 2024.
- The shares were acquired at a price of $0.
- Following the transaction, Granato directly owns 22,643 shares of Oceaneering International Inc. common stock.
- Granato also indirectly owns 202 shares of common stock equivalents in a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports a transaction.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. This filing indicates a change in ownership by a company executive, which is a common occurrence.
Stakeholder Impact
- The acquisition of shares by an executive could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of transaction: Leonardo P. Granato acquired 6,875 shares of common stock. |
| 02/27/2024 | Date of signature: Form 4 signed by Jennifer F. Simons, Attorney-in-Fact for Leonardo P. Granato. |
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