Form 4: Tidewater Inc. Director Quintin Kneen Reports Stock Disposals to Cover Taxes

Quintin Kneen, a director, president, and CEO of Tidewater Inc., reported disposing of shares to cover taxes due upon the vesting of restricted stock units.

Summary

• On March 22, 2025, Quintin Kneen, a Director, President, and CEO of Tidewater Inc., disposed of 6,111 shares of common stock at a price of $42.07 to cover taxes.
• Following this transaction, Kneen directly owns 310,223 shares of Tidewater Inc.
• Additionally, Kneen disposed of 2,708 shares of common stock at a price of $42.07 to cover taxes.
• After this transaction, Kneen directly owns 307,515 shares of Tidewater Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, which is a routine event.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for executives who receive stock-based compensation.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates

Keywords

Tidewater Inc, Quintin Kneen, Form 4, Stock Disposal, Insider Trading, SEC Filing, TDW, Restricted Stock Units, Tax Withholding