Form 4: Tidewater Inc. Director Robert Robotti Reports Stock Purchase

Director Robert Robotti reported the acquisition of 1,770 shares of Tidewater Inc. common stock at a price of $40.9472 per share on March 5, 2025.

Summary

• On March 5, 2025, Robert Robotti, a director of Tidewater Inc., purchased 1,770 shares of the company's common stock.
• The purchase price was $40.9472 per share.
• Following the transaction, Mr. Robotti's total beneficial ownership amounts to 2,183,670 shares.
• These shares are held both directly and indirectly through various entities including 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 sentiment is neutral. It's a standard disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a relatively small transaction in the context of the director's overall holdings.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, such as directors, who trade in their company's stock. It provides transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction provides information to shareholders regarding insider trading activity.

Key Dates