Form 4: Tidewater Inc. Executive Daniel A. Hudson Reports Stock Transaction
SEC Form 4 Filing
Daniel A. Hudson, EVP & General Counsel of Tidewater Inc., reports the disposal of 4,568 shares to cover taxes due upon vesting of restricted stock units on March 11, 2024.
Summary
- On March 11, 2024, Daniel A. Hudson, the EVP & General Counsel of Tidewater Inc., disposed of 4,568 shares of common stock.
- The transaction was executed to cover taxes due upon the vesting of restricted stock units.
- The price per share was $81.45.
- Following the transaction, Hudson directly owns 99,744 shares of Tidewater Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock transaction related to tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a change in the company's outlook or performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transaction (disposal of shares). |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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