Form 4: Tidewater Inc. Director Robert Robotti Acquires Shares Through Director Stock Election Program

Director Robert Robotti acquired 426 shares of Tidewater Inc. common stock through the Director Stock Election Program at a price of $73.31 per share.

Summary

• On October 1, 2024, Robert Robotti, a director of Tidewater Inc., acquired 426 shares of common stock.
• The acquisition was made through the Director Stock Election Program at a price of $73.31 per share.
• Following the transaction, Mr. Robotti beneficially owns 2,158,126 shares, including shares held directly and indirectly through various entities such as Robotti & Company Advisors, LLC, The Ravenswood Investment Company, LP, Ravenswood Investments III, L.P., Suzanne and Robert Robotti Foundation, Inc., and his wife, Suzanne Robotti.
• Mr. Robotti disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction. The director's participation in the stock election program is a mildly positive signal.

Positives

• Director's participation in the Director Stock Election Program demonstrates confidence in the company.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholder sentiment due to the director's increased investment in the company.

Key Dates