Civeo (NYSE: CVEO) CEO Bradley Dodson receives 25,982 Phantom Share award

Rhea-AI Filing Summary

Dodson Bradley J reported acquisition or exercise transactions in this Form 4 filing.

Civeo Corp reported that President & CEO Bradley J. Dodson received a grant of 25,982 Phantom Shares on March 5, 2026. These are a form of deferred equity-based compensation awarded at a price of $0.00 per unit, increasing his direct Phantom Share holdings to 64,000.

According to the award terms, the Phantom Shares vest in three equal installments on each of the first three anniversaries of March 5, 2026. This is a non-cash compensation grant rather than an open-market stock purchase or sale.

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

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^*

Dodson Bradley J

(Last) (First) (Middle)

333 CLAY STREET, SUITE 4400

(Street)

HOUSTON TX 77002

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	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

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
Phantom Shares	(1)	03/05/2026		A		25,982		(1)	(1)	Common Shares	25,982	$0	64,000	D

Explanation of Responses:

1. Phantom Share Award under the 2014 Equity Participation Plan of Civeo Corporation that vests in equal installments on each of the first three anniversaries of March 5, 2026.

Remarks:

	Bradley J. Dodson, Attorney-In-Fact	03/06/2026
	** 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.

FAQ

What insider transaction did Civeo Corp (CVEO) report for Bradley J. Dodson?

Civeo Corp reported that President & CEO Bradley J. Dodson received a grant of 25,982 Phantom Shares. This equity-based award increased his direct Phantom Share holdings to 64,000 and represents non-cash compensation rather than a market purchase or sale of common stock.

When do Bradley J. Dodson’s new Phantom Shares in Civeo (CVEO) vest?

The 25,982 Phantom Shares granted to Bradley J. Dodson vest in three equal installments. Vesting occurs on each of the first three anniversaries of March 5, 2026, aligning the award with multi-year service and performance at Civeo Corporation under its 2014 Equity Participation Plan.

How many Phantom Shares does Bradley J. Dodson hold after this Civeo (CVEO) grant?

Following the March 5, 2026 grant, Bradley J. Dodson beneficially holds 64,000 Phantom Shares. The new award added 25,982 Phantom Shares at a stated price of $0.00 per unit, as part of his equity-based compensation rather than a cash stock market transaction.

What is the nature of the Phantom Share award granted to Civeo (CVEO) CEO Dodson?

The transaction is classified as a grant or award acquisition of Phantom Shares. It was issued under Civeo Corporation’s 2014 Equity Participation Plan, carries no purchase price per unit, and is structured to vest over three years starting from March 5, 2026.

Does the Civeo (CVEO) Form 4 show a stock sale by Bradley J. Dodson?

The Form 4 does not show a stock sale by Bradley J. Dodson. Instead, it reports an acquisition of 25,982 Phantom Shares as a compensation award at $0.00 per unit, with vesting over three years, and no open-market selling activity disclosed in this transaction.