Form 4: Director Robotti Gifts 10,000 Tidewater Shares

Tidewater Inc. Director Robert Robotti reported gifting 10,000 shares of common stock for no consideration.

Summary

• Robert Robotti, a Director of Tidewater Inc. (TDW), reported a disposition of 10,000 shares of common stock.
• The transaction, a gift, occurred on March 17, 2026, and was for no consideration.
• Following this transaction, Mr. Robotti's total beneficial ownership in Tidewater Inc. is 2,229,739 shares.
• This total includes 146,970 shares directly owned by Robert Robotti, and shares indirectly owned through various entities such as Robotti & Company Advisors, LLC clients (114,395 shares), The Ravenswood Investment Company, LP (1,143,117 shares), Ravenswood Investments III, L.P. (763,757 shares), Suzanne and Robert Robotti Foundation, Inc. (3,000 shares), and Suzanne Robotti (58,500 shares).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. A director's gift of shares for no consideration is a personal transaction and does not directly reflect on the company's operational or financial performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and typically do not provide broader industry context. This filing is specific to a director's personal share disposition.

Stakeholder Impact

• Shareholders: Minimal impact as the transaction represents a small fraction of the total shares and is a personal disposition by a director, not a sale for cash.

Key Dates

Keywords

Tidewater Inc., TDW, Form 4, Insider Transaction, Robert Robotti, Stock Gift, Beneficial Ownership, Director