Form 4: Tidewater Inc. Executive Vice President Sells 20,000 Shares
SEC Form 4 Filing
Daniel A. Hudson, EVP & General Counsel of Tidewater Inc., sold 20,000 shares of common stock at $109 per share on May 9, 2024.
Summary
- On May 9, 2024, Daniel A. Hudson, the Executive Vice President & General Counsel of Tidewater Inc. (TDW), sold 20,000 shares of the company's common stock.
- The sale price was $109 per share.
- Following the transaction, Hudson directly owns 74,542 shares of Tidewater Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It's important to monitor such filings to understand management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock sale transaction by Daniel A. Hudson |
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