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Civeo (NYSE: CVEO) director receives 3,624 restricted common shares grant

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

Rhea-AI Filing Summary

NAVARRE RICHARD A reported acquisition or exercise transactions in this Form 4 filing.

Civeo Corp director Richard A. Navarre received a grant of 3,624 Common Shares as a restricted share award. The award was granted at no cash cost per share and increases his direct holdings to 70,327 Common Shares. According to the award terms, these restricted shares vest on the earlier of one year from May 27, 2026 or the date of Civeo’s next annual shareholders' meeting.

Positive

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Negative

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Insider NAVARRE RICHARD A
Role null
Type Security Shares Price Value
Grant/Award Common Shares 3,624 $0.00 --
Holdings After Transaction: Common Shares — 70,327 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 3,624 shares Common Shares awarded as restricted stock
Grant price per share $0.0000 per share Reported transaction price for award
Total shares after grant 70,327 shares Director’s direct holdings following transaction
Vesting reference date May 27, 2026 Restricted shares vest on the earlier of one year from this date or next annual meeting
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"
Common Shares financial
"Restricted common share award under the Amended and Restated 2014 Equity Participation Plan"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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*
NAVARRE RICHARD A

(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$070,327D
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 did Civeo (CVEO) director Richard A. Navarre report in this Form 4?

Richard A. Navarre reported receiving 3,624 Civeo Common Shares as a restricted share award. The shares were granted at no cash cost and form part of his director compensation under the company’s Amended and Restated 2014 Equity Participation Plan.

How many Civeo (CVEO) shares does Richard A. Navarre hold after this grant?

After the reported restricted share grant, Richard A. Navarre directly holds 70,327 Civeo Common Shares. This figure includes the newly awarded 3,624 restricted shares, which are subject to vesting conditions tied to time and the company’s next annual shareholders’ meeting.

What are the vesting terms of the Civeo (CVEO) restricted share award?

The 3,624 restricted Common Shares vest on the earlier of one year from May 27, 2026 or the date of Civeo’s next annual shareholders’ meeting. Until vesting, the shares remain subject to forfeiture conditions defined in the equity plan and award agreement.

Was cash paid for the Civeo (CVEO) shares reported in this Form 4?

No cash was paid for these shares. The 3,624 Common Shares were granted to Richard A. Navarre at a reported price of $0.0000 per share as a restricted share award under Civeo’s Amended and Restated 2014 Equity Participation Plan.

Under which plan was the Civeo (CVEO) restricted share award to Richard A. Navarre granted?

The restricted share award was granted under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation. This plan governs equity-based compensation, including restricted common share awards, for eligible participants such as directors and certain employees.