Form 4: Tidewater Inc. Executive David Darling Reports Stock Transaction
SEC Form 4 Filing
David Darling, EVP, COO & Chief HR Officer of Tidewater Inc., reports the disposal of 4,497 shares to cover taxes due upon vesting of restricted stock units on March 11, 2024.
Summary
- On March 11, 2024, David Darling, an executive at Tidewater Inc., disposed of 4,497 shares of common stock.
- The transaction was executed at a price of $81.45 per share.
- This disposal was to cover taxes due upon the vesting of restricted stock units.
- Following the transaction, Darling directly owns 81,462 shares of Tidewater Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
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 4,497 shares. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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