Form 4: Oceaneering International SVP Shaun Roedel Reports Stock Disposal

Shaun Roedel, SVP at Oceaneering International, reported the disposal of 3,240 shares of common stock to cover tax obligations.

Summary

• Shaun Roedel, a Senior Vice President at Oceaneering International, filed a Form 4 on February 28, 2024.
• The report details a transaction on February 26, 2024, where 3,240 shares of common stock were disposed of at a price of $21.97 per share.
• This disposal was likely to cover tax obligations related to vesting of stock awards.
• Following the transaction, Roedel directly owns 56,028 shares of Oceaneering International common stock.
• Roedel also indirectly owns 2,833 shares of common stock equivalents in a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.

Key Dates