Form 4: Tidewater Inc. Director Stock Transaction

Director Robert Robotti acquired shares of Tidewater Inc. common stock as part of a director compensation program.

Summary

• Robert Robotti, a Director of Tidewater Inc. (TDW), acquired 374 shares of common stock on April 1, 2026.
• These shares were issued in lieu of cash compensation under the Director Stock Election Program.
• The acquisition was valued at $83.44 per share.
• Following this transaction, Mr. Robotti directly beneficially owns 147,344 shares.
• Additionally, he may be deemed to beneficially own other shares through various entities and his spouse, totaling 2,230,113 shares indirectly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director stock compensation transaction and does not contain new financial performance or strategic information.

Positives

• Director compensation program is in place, allowing for stock issuance instead of cash.
• The transaction indicates continued participation and ownership by a director.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a director's stock transaction.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically provide strategic insights. This filing confirms a director's compensation arrangement involving company stock.

Key Dates

Keywords

Tidewater Inc., TDW, Form 4, SEC Filing, Director Compensation, Stock Acquisition, Beneficial Ownership