Form 4: Oceaneering International SVP Martin J. McDonald Reports Stock Disposal
SEC Form 4
Martin J. McDonald, SVP at Oceaneering International, disposed of 5,604 shares of common stock on February 26, 2024, to cover tax obligations.
Summary
- On February 26, 2024, Martin J. McDonald, SVP of Subsea Robotics at Oceaneering International Inc., disposed of 5,604 shares of common stock.
- The transaction was executed at a price of $21.97 per share.
- Following the transaction, McDonald directly owns 115,890 shares of Oceaneering International Inc.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock disposal transaction |
| 02/28/2024 | Date of signature by Attorney-in-Fact |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.