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  4. [Form 4] Civeo Corp Insider Trading Activity

426K Civeo (NYSE: CVEO) shares sold by Engine Capital funds

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Civeo Corp large shareholders affiliated with Engine Capital reported open-market sales of a total of 426,184 common shares. The trades occurred on February 13 and 18 at prices around $28.80–$29.03 per share.

After these transactions, Engine Capital, L.P. held 768,827 common shares, Engine Jet Capital, L.P. held 65,461 shares, and Engine Lift Capital, LP held 77,642 shares. The filing is made jointly by several Engine entities and Arnaud Ajdler, who each disclaim beneficial ownership beyond their pecuniary interest.

Positive

  • None.

Negative

  • None.

Insights

Engine-affiliated funds disclosed sizable open-market sales while retaining significant Civeo stakes.

Several investment entities associated with Engine Capital disclosed open-market sales totaling 426,184 Civeo common shares across two trading days at prices near $29 per share. These entities are disclosed as 10% owners, signaling they are among the larger shareholders.

The transactions reduce but do not eliminate their positions, with Engine Capital, L.P. still holding 768,827 shares and related funds also retaining tens of thousands of shares. The filing emphasizes that the various Engine entities and Arnaud Ajdler may be deemed part of a group and each disclaims beneficial ownership beyond their pecuniary interests.

The net effect is a reported net-sell direction for these holders, while they continue to appear as meaningful shareholders. Actual implications for Civeo depend on future ownership disclosures and any subsequent portfolio moves by these funds.

Insider Engine Capital Management, LP, ENGINE CAPITAL, L.P., Engine Jet Capital, L.P., Engine Lift Capital, LP, Engine Investments, LLC, Engine Investments II, LLC, Engine Capital Management GP, LLC, Ajdler Arnaud
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 426,184 shs ($12.28M)
Type Security Shares Price Value
Sale Common Shares, no par value 7,730 $29.0343 $224K
Sale Common Shares, no par value 658 $29.0343 $19K
Sale Common Shares, no par value 781 $29.0343 $23K
Sale Common Shares, no par value 335,394 $28.8026 $9.66M
Sale Common Shares, no par value 46,109 $28.8026 $1.33M
Sale Common Shares, no par value 35,512 $28.8026 $1.02M
Holdings After Transaction: Common Shares, no par value — 768,827 shares (Indirect, By: Engine Capital, L.P.)
Footnotes (1)
  1. This Form 4 is filed jointly by Engine Capital, L.P. ("Engine Capital"), Engine Jet Capital, L.P. ("Engine Jet"), Engine Lift Capital, LP ("Engine Lift"), Engine Capital Management, LP ("Engine Management"), Engine Capital Management GP, LLC ("Engine GP"), Engine Investments, LLC ("Engine Investments"), Engine Investments II, LLC ("Engine Investments II") and Arnaud Ajdler (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Securities owned directly by Engine Capital. Engine Investments is the general partner of Engine Capital, Engine Management is the investment advisor of Engine Capital, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments. As a result of these relationships, Engine Investments, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Capital. Securities owned directly by Engine Jet. Engine Investments is the general partner of Engine Jet, Engine Management is the investment advisor of Engine Jet, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments. As a result of these relationships, Engine Investments, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Jet. Securities owned directly by Engine Lift. Engine Investments II is the general partner of Engine Lift, Engine Management is the investment advisor of Engine Lift, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments II. As a result of these relationships, Engine Investments II, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Lift.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Engine Capital Management, LP
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Civeo Corp [ CVEO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, no par value(1) 02/13/2026 S 335,394 D $28.8026 776,557 I By: Engine Capital, L.P.(2)
Common Shares, no par value(1) 02/13/2026 S 46,109 D $28.8026 66,119 I By: Engine Jet Capital, L.P.(3)
Common Shares, no par value(1) 02/13/2026 S 35,512 D $28.8026 78,423 I By: Engine Lift Capital, LP(4)
Common Shares, no par value(1) 02/18/2026 S 7,730 D $29.0343 768,827 I By: Engine Capital, L.P.(2)
Common Shares, no par value(1) 02/18/2026 S 658 D $29.0343 65,461 I By: Engine Jet Capital, L.P.(3)
Common Shares, no par value(1) 02/18/2026 S 781 D $29.0343 77,642 I By: Engine Lift Capital, LP(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Engine Capital Management, LP
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ENGINE CAPITAL, L.P.
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Engine Jet Capital, L.P.
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Engine Lift Capital, LP
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Engine Investments, LLC
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Engine Investments II, LLC
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Engine Capital Management GP, LLC
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Ajdler Arnaud
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS, 2ND FLOOR
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This Form 4 is filed jointly by Engine Capital, L.P. ("Engine Capital"), Engine Jet Capital, L.P. ("Engine Jet"), Engine Lift Capital, LP ("Engine Lift"), Engine Capital Management, LP ("Engine Management"), Engine Capital Management GP, LLC ("Engine GP"), Engine Investments, LLC ("Engine Investments"), Engine Investments II, LLC ("Engine Investments II") and Arnaud Ajdler (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
2. Securities owned directly by Engine Capital. Engine Investments is the general partner of Engine Capital, Engine Management is the investment advisor of Engine Capital, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments. As a result of these relationships, Engine Investments, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Capital.
3. Securities owned directly by Engine Jet. Engine Investments is the general partner of Engine Jet, Engine Management is the investment advisor of Engine Jet, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments. As a result of these relationships, Engine Investments, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Jet.
4. Securities owned directly by Engine Lift. Engine Investments II is the general partner of Engine Lift, Engine Management is the investment advisor of Engine Lift, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments II. As a result of these relationships, Engine Investments II, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Lift.
Engine Capital Management, LP, By: Engine Capital Management GP, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
Engine Capital, L.P., By: Engine Investments, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
Engine Jet Capital, L.P., By: Engine Investments, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
Engine Lift Capital, LP, By: Engine Investments II, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
Engine Investments, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
Engine Investments II, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
Engine Capital Management GP, LLC, By: Arnaud Ajdler, Managing Member 02/18/2026
/s/ Arnaud Ajdler 02/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Engine Capital entities do in this Civeo (CVEO) Form 4 filing?

Engine Capital-affiliated funds reported open-market sales of Civeo common shares. They sold a combined 426,184 shares at prices around $28.80–$29.03 per share, while remaining significant shareholders after the transactions.

How many Civeo (CVEO) shares did Engine Capital, L.P. sell and what remains?

Engine Capital, L.P. sold 335,394 shares on February 13 and 7,730 shares on February 18. After these transactions, Engine Capital, L.P. held 768,827 Civeo common shares, according to the reported post-transaction ownership figures.

What Civeo (CVEO) share sales were reported by Engine Jet Capital, L.P.?

Engine Jet Capital, L.P. reported selling 46,109 shares on February 13 and 658 shares on February 18. Following these open-market sales, Engine Jet Capital, L.P. held 65,461 Civeo common shares, based on the ownership stated after the transactions.

How many Civeo (CVEO) shares did Engine Lift Capital, LP sell and hold afterward?

Engine Lift Capital, LP reported sales of 35,512 shares on February 13 and 781 shares on February 18. After these trades, Engine Lift Capital, LP’s reported ownership was 77,642 Civeo common shares, reflecting the remaining position disclosed.

Were the Civeo (CVEO) insider transactions buys or sells in this Form 4?

All reported Civeo transactions in this Form 4 are open-market sales. The filing shows six sale transactions in total, with an aggregate of 426,184 common shares sold and a net-sell direction for the reporting investment entities.

Who are the reporting persons in the Civeo (CVEO) Form 4 linked to Engine Capital?

The Form 4 lists multiple reporting persons, including Engine Capital, L.P., Engine Jet Capital, L.P., Engine Lift Capital, LP, related Engine management and investment entities, and Arnaud Ajdler, who collectively may be deemed a group but disclaim broader beneficial ownership.