Form 4: Tidewater Inc. Executive Sells Shares to Cover Taxes
SEC Form 4 Filing
David E. Darling, EVP, COO & Chief HR Officer of Tidewater Inc., sold 4,566 shares of common stock to cover taxes due upon the vesting of restricted stock units.
Summary
- On March 10, 2025, David E. Darling, EVP, COO & Chief HR Officer of Tidewater Inc., disposed of 4,566 shares of common stock.
- The transaction was executed to cover taxes due upon the vesting of restricted stock units.
- The sale price was $40.35 per share.
- Following the transaction, Darling directly owns 48,548 shares of Tidewater Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, reflecting an executive's stock transaction related to compensation. These filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: David E. Darling disposed of 4,566 shares of common stock. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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