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Civeo (NYSE: CVEO) director Martin Lambert granted 3,624 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LAMBERT MARTIN reported acquisition or exercise transactions in this Form 4 filing.

Civeo Corp director Martin Lambert reported receiving a grant of 3,624 restricted common shares of Civeo Corporation at no purchase price under the Amended and Restated 2014 Equity Participation Plan. These shares vest on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date. Following this award, Lambert directly holds 40,060 common shares.

Positive

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Negative

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Insider LAMBERT MARTIN
Role null
Type Security Shares Price Value
Grant/Award Common Shares 3,624 $0.00 --
Holdings After Transaction: Common Shares — 40,060 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 3,624 shares Grant to director Martin Lambert on May 27, 2026
Grant price per share $0.0000 per share Equity compensation award, no cash paid
Shares held after transaction 40,060 shares Lambert’s direct Civeo common share holdings post-grant
Restricted common share award financial
"Restricted common share award under the Amended and Restated 2014 Equity Participation Plan"
Amended and Restated 2014 Equity Participation Plan financial
"under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation"
annual shareholders' meeting financial
"vest on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date"
SEC Form 4
FORM 4UNITED 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
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*
LAMBERT MARTIN

(Last)(First)(Middle)
333 CLAY STREET, SUITE 4400

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Civeo Corp [ CVEO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares05/27/2026A3,624(1)A$040,060D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted common share award under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation that vest on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date.
Remarks:
/s/ Bradley J. Dodson, Attorney-In-Fact05/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Civeo Corp (CVEO) disclose for Martin Lambert?

Civeo Corp disclosed that director Martin Lambert received a grant of 3,624 restricted common shares. The shares were awarded at no purchase price under the company’s Amended and Restated 2014 Equity Participation Plan, increasing his direct holdings to 40,060 common shares after the grant.

How many Civeo (CVEO) shares does Martin Lambert hold after this Form 4 grant?

After the reported grant, Martin Lambert directly holds 40,060 Civeo common shares. This total includes the 3,624 restricted common shares awarded on May 27, 2026, as disclosed, and reflects his position immediately following the compensation-related transaction reported in the Form 4.

What are the vesting terms of Martin Lambert’s Civeo (CVEO) restricted share award?

The 3,624 restricted common shares granted to Martin Lambert vest on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date. These time-based vesting conditions tie the award to continued service through a defined future milestone.

What type of transaction is reported in Civeo (CVEO) director Martin Lambert’s Form 4?

The Form 4 reports an acquisition coded as “A,” meaning a grant, award, or other acquisition. Lambert received 3,624 restricted common shares as a compensation-related award, rather than making an open-market purchase or sale of Civeo stock.

Was cash paid for the Civeo (CVEO) restricted shares granted to Martin Lambert?

No cash was paid for this award; the reported price per share is 0.0000. The 3,624 restricted common shares were granted as an equity-based compensation award under Civeo’s Amended and Restated 2014 Equity Participation Plan, rather than purchased in the market.

Is Martin Lambert’s Civeo (CVEO) share ownership direct or indirect after this award?

Martin Lambert’s ownership is reported as direct following the grant. The Form 4 lists the 40,060 common shares, including the 3,624 restricted shares, as directly held, with no indication in the footnotes of indirect holding structures or separate voting or investment authority arrangements.