Form 4: Oceaneering SVP Sells Shares, Adjusts Holdings
Insider Transaction Report
Oceaneering International's SVP, Leonardo P. Granato, reported recent sales and tax-related dispositions of common stock.
Summary
- Leonardo P. Granato, SVP, IMDS, disposed of 2,812 shares of Oceaneering International Inc. common stock on February 24, 2026, at a price of $37.22 per share, to satisfy tax withholding obligations.
- Granato sold 8,415 shares of common stock on February 25, 2026, at a weighted average price of $37.47 per share.
- An additional 1,236 shares of common stock were sold on February 26, 2026, at $37.00 per share.
- Granato also sold 202 shares of common stock held indirectly through a 401(k) plan on February 26, 2026, at $37.34 per share.
- Following these transactions, Granato's direct beneficial ownership stands at 14,248 shares, and indirect beneficial ownership is 0 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and personal financial planning, especially given the indication of a Rule 10b5-1 plan.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions are a routine part of executive compensation and personal financial management. While sales can sometimes signal a lack of confidence, the presence of a Rule 10b5-1 plan suggests these transactions were pre-scheduled and not necessarily indicative of new information.
Key Dates
| Date | Description |
|---|---|
| 02/24/2026 | Disposition of 2,812 shares of Common Stock for tax withholding at $37.22 per share. |
| 02/25/2026 | Sale of 8,415 shares of Common Stock at a weighted average price of $37.47 per share. |
| 02/26/2026 | Sale of 1,236 shares of Common Stock at $37.00 per share. |
| 02/26/2026 | Sale of 202 shares of Common Stock held indirectly via 401(k) plan at $37.34 per share. |
| 02/26/2026 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThe filing details routine insider transactions, including sales and tax-related dispositions, by a Senior Vice President. While insider selling can sometimes be a concern, the indication of a Rule 10b5-1 plan suggests these were pre-scheduled and not necessarily based on new material non-public information. This filing alone does not provide sufficient new information to warrant a change from a 'hold' recommendation, as it primarily reflects personal financial management rather than a shift in company fundamentals or outlook.
Keywords
Oceaneering International, OII, Insider Trading, Form 4, Stock Sale, Executive Compensation, Leonardo P. Granato, SVP IMDS
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