Form 4: Oceaneering International Inc. Executive Reports Stock Transactions

Philip G. Beierl, SVP at Oceaneering International, reports stock transactions including acquisitions under the 401(k) plan.

Summary

• On August 28, 2024, Philip G. Beierl, SVP of Aerospace and Defense Technology at Oceaneering International Inc., filed a Form 4.
• The form details changes in beneficial ownership of the company's stock.
• Beierl acquired 32,641 shares of common stock at a price of $27.06.
• He also reports owning 54,925 shares of common stock directly.
• Additionally, he indirectly owns shares through a 401(k) plan, with an additional 1,871 shares acquired since the last filing.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The reporting person increased their direct holdings of the company's stock.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's investment activities in the company.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company executives as it can provide insights into management's perspective on the company's value.

Key Dates