Form 4: Tidewater Inc. Executive David E. Darling Sells Shares

David E. Darling, EVP, COO & Chief HR Officer of Tidewater Inc., sold 25,127 shares of common stock at an average price of $109.009 on May 7, 2024.

Summary

• On May 7, 2024, David E. Darling, EVP, COO & Chief HR Officer of Tidewater Inc. (TDW), sold 25,127 shares of the company's common stock.
• The sale was executed at a weighted average price of $109.009 per share.
• The transactions occurred in multiple trades with prices ranging from $107.52 to $111.37.
• Following the reported transaction, Darling directly owns 53,114 shares of Tidewater Inc.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.

Stakeholder Impact

• Shareholders may react to the news of the executive's stock sale, potentially impacting the stock price.

Key Dates