Form 4: Tidewater Inc. Executive Reports Stock Disposals for Tax Obligations

David E. Darling, EVP, COO & Chief HR Officer of Tidewater Inc., reports disposing of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• On March 22, 2025, David E. Darling, EVP, COO & Chief HR Officer of Tidewater Inc., disposed of 2,472 shares of common stock at a price of $42.07 to cover taxes due upon the vesting of restricted stock units.
• Following this transaction, Darling directly owns 74,879 shares of Tidewater Inc.
• Additionally, on the same date, Darling disposed of another 913 shares at $42.07 for the same reason, resulting in a direct ownership of 73,966 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, a routine event.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily indicate a change in the company's financial health or strategic direction.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in executive ownership.

Key Dates

Keywords

Form 4, Tidewater Inc., TDW, David E. Darling, Stock Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, EVP, COO & Chief HR Officer