Civeo Corp (NYSE: CVEO) director awarded 3,624 Deferred Shares as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Montelongo Michael reported acquisition or exercise transactions in this Form 4 filing.
Civeo Corp director Michael Montelongo received a grant of 3,624 Deferred Shares as equity compensation. The award was made at a stated price of $0.00 per share and increased his directly held Deferred Shares to 25,522 following the transaction. According to the accompanying note, the Deferred Shares were granted under Civeo’s Amended and Restated 2014 Equity Participation Plan and vest on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Montelongo Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Shares | 3,624 | $0.00 | -- |
Holdings After Transaction:
Deferred Shares — 25,522 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred Shares granted: 3,624 shares
Post-transaction holdings: 25,522 Deferred Shares
Grant price per share: $0.00 per share
3 metrics
Deferred Shares granted
3,624 shares
Director equity award on May 27, 2026
Post-transaction holdings
25,522 Deferred Shares
Shares directly held after grant
Grant price per share
$0.00 per share
Stated price for Deferred Share award
Key Terms
Deferred Shares, Amended and Restated 2014 Equity Participation Plan, annual shareholders' meeting
3 terms
Amended and Restated 2014 Equity Participation Plan financial
"Deferred share award under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation"
FAQ
What insider transaction did Civeo Corp (CVEO) report for Michael Montelongo?
Civeo Corp reported that director Michael Montelongo received a grant of 3,624 Deferred Shares. These shares were awarded at a stated price of $0.00 per share as part of his equity compensation, increasing his directly held Deferred Shares to 25,522 after the transaction.
What type of security was granted to Civeo Corp (CVEO) director Michael Montelongo?
The filing shows that Michael Montelongo was granted Deferred Shares of Civeo Corp. Deferred Shares are a form of equity compensation awarded under the company’s Amended and Restated 2014 Equity Participation Plan and typically vest at a future date, aligning director incentives with shareholders.