Form 4: Tidewater Inc. Director Robert Robotti Acquires Additional Shares

Director Robert Robotti reports the acquisition of 2,067 shares of Tidewater Inc. common stock at a price of $48.2623 per share.

Summary

• On December 17, 2024, Robert Robotti, a director of Tidewater Inc., purchased 2,067 shares of the company's common stock.
• The purchase price was $48.2623 per share.
• Following the transaction, Mr. Robotti beneficially owns 2,181,340 shares through various entities and personal holdings.
• These holdings include shares owned directly by Robotti Advisors' clients, The Ravenswood Investment Company, Ravenswood Investments III, Suzanne and Robert Robotti Foundation, Suzanne Robotti, and Robert Robotti himself.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock purchase. While insider buying can be seen as positive, it's a relatively small transaction in the context of overall ownership.

Positives

• The director's purchase could be interpreted as a sign of confidence in the company's future prospects.

Management Comments

• Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates