Director at Civeo (NYSE: CVEO) receives 3,624-share equity award
Rhea-AI Filing Summary
BLANKENSHIP C RONALD reported acquisition or exercise transactions in this Form 4 filing.
Civeo Corp director C. Ronald Blankenship received a grant of 3,624 restricted common shares as equity compensation. The award carries no purchase price and was granted under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation. According to the footnote, these restricted shares vest on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date. Following this award, Blankenship directly holds 54,446 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BLANKENSHIP C RONALD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,624 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 54,446 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 3,624 shares
Grant price per share: $0.00 per share
Shares owned after grant: 54,446 shares
+1 more
4 metrics
Restricted shares granted
3,624 shares
Grant of restricted common shares to director
Grant price per share
$0.00 per share
Equity compensation award with no purchase price
Shares owned after grant
54,446 shares
Director’s direct common share holdings post-transaction
Vesting reference date
May 27, 2026
Shares vest earlier of one year from this date or next annual meeting
Key Terms
Restricted common share award, Amended and Restated 2014 Equity Participation Plan, annual shareholders' meeting
3 terms
Amended and Restated 2014 Equity Participation Plan financial
"under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Civeo Corp (CVEO) report in this Form 4?
Civeo Corp reported that director C. Ronald Blankenship received a grant of 3,624 restricted common shares. This was an equity compensation award, not an open-market purchase, and it increased his direct ownership to 54,446 common shares after the transaction.
Was the Civeo (CVEO) insider transaction a stock purchase or a grant?
The transaction was a grant of 3,624 restricted common shares at a price of $0.00 per share. It is classified as a grant, award, or other acquisition under the company’s equity plan, rather than a cash-funded purchase in the open market.