Form 4: Tidewater Director Lois K. Zabrocky Receives Restricted Stock Unit Grant

Tidewater Inc. Director Lois K. Zabrocky was granted 2,959 shares of common stock in the form of Restricted Stock Units, aligning her interests with shareholders.

Summary

• Lois K. Zabrocky, a Director of Tidewater Inc. (TDW), acquired 2,959 shares of common stock on June 5, 2025.
• The acquisition was a grant of Restricted Stock Unit (RSU) Award, with a reported price of $0 per share.
• These RSUs are scheduled to vest on June 5, 2026.
• Following this transaction, Ms. Zabrocky beneficially owns a total of 52,291 shares of Tidewater Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is positive as the RSU grant aligns the director's interests with shareholders, which is generally viewed favorably. It's a routine compensation event, not indicative of extraordinary positive or negative news.

Positives

• The grant of Restricted Stock Units to a director helps align management and board interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• Equity-based compensation is a common and accepted practice for incentivizing directors and executives.

Future Outlook

The granted Restricted Stock Units are scheduled to vest on June 5, 2026, indicating a future date when the shares will become fully owned by the director.

Industry Context

The grant of Restricted Stock Units to a director is a standard practice in corporate governance across various industries, including the offshore energy support vessel sector where Tidewater operates. It serves as a common method for executive and board compensation, aiming to align the interests of company leadership with long-term shareholder value creation.

Related Party Transactions

• The grant of Restricted Stock Units to a director is a routine related-party transaction, representing compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with the company's stock performance, potentially encouraging decisions that enhance shareholder value.

Next Steps

• The Restricted Stock Units are expected to vest on June 5, 2026, at which point the shares will be fully owned by the director.

Key Dates

Keywords

Tidewater Inc., TDW, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Director Compensation, Beneficial Ownership, Equity Compensation