Civeo (NYSE: CVEO) chairman receives 1,232 restricted common shares
Filing Impact
Filing Sentiment
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 an equity grant of 1,232 common shares as part of his annual retainer for serving as Chairman of the Board. The award was made at no cash cost per share and is structured as restricted common shares.
According to the disclosure, these restricted shares vest on the earlier of one year from May 27, 2026 or the date of the next annual shareholders' meeting. Following this grant, Navarre directly holds a total of 71,559 Civeo common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NAVARRE RICHARD A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,232 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 71,559 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted share grant: 1,232 shares
Grant price per share: $0.00 per share
Total shares after transaction: 71,559 shares
+1 more
4 metrics
Restricted share grant
1,232 shares
Restricted common share portion of annual retainer
Grant price per share
$0.00 per share
Equity grant, not open-market purchase
Total shares after transaction
71,559 shares
Common shares directly held by Navarre after grant
Vesting condition
Earlier of one year from May 27, 2026 or next annual meeting
Vesting schedule for restricted common shares
Key Terms
Restricted common share, annual retainer, Equity Participation Plan, Chairman of the Board of Directors, +1 more
5 terms
annual retainer financial
"Restricted common share portion of annual retainer granted under the Amended and Restated 2014 Equity Participation Plan"
Equity Participation Plan financial
"granted under the Amended and Restated 2014 Equity Participation Plan of Civeo Corporation"
Chairman of the Board of Directors financial
"for service as Chairman of the Board of Directors that vests on the earlier of one year"
vests financial
"that vests on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting date"