Form 4: Tidewater Inc. Executive Daniel A. Hudson Reports Stock Disposals to Cover Tax Obligations

EVP & General Counsel of Tidewater Inc., Daniel A. Hudson, reports disposing of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• Daniel A. Hudson, EVP & General Counsel of Tidewater Inc., filed a Form 4 indicating changes in beneficial ownership.
• On March 22, 2025, Hudson disposed of 2,128 shares of common stock at a price of $42.07 to cover taxes due upon the vesting of restricted stock units, resulting in a holding of 91,615 shares.
• Additionally, Hudson disposed of 629 shares of common stock at the same price for the same reason, resulting in a holding of 90,986 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Tidewater Inc., TDW, Hudson, Stock Disposal, Tax Obligations, Restricted Stock Units