[Form 3] OCEANEERING INTERNATIONAL INC Initial Statement of Beneficial Ownership
Oceaneering International, Inc. (OII) received an initial Form 3 disclosing that Michael W. Sumruld is a reporting person with the company in the role of SVP, Finance and is identified as an officer (box checked) and director. The event date requiring the filing is 09/02/2025. The Form reports zero shares of common stock beneficially owned by Mr. Sumruld on this filing, with ownership shown as direct and an explicit explanation stating no securities are beneficially owned. The filing was signed by Jennifer F. Simons as attorney-in-fact for Mr. Sumruld on 09/18/2025.
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Insights
TL;DR: Officer and director disclosure filed; reporting person holds no equity, reducing direct insider ownership alignment.
The Form 3 confirms that Michael W. Sumruld is an officer (SVP, Finance) and a director-level reporting person for Oceaneering International, Inc. as of the event date of 09/02/2025. The filing shows no beneficial ownership of common stock at the time of the statement. From a governance perspective, initial disclosure compliance appears satisfied. The absence of share ownership means Mr. Sumruld has no direct equity stake disclosed here, which can be relevant when assessing insider alignment with shareholders, but the form does not provide further context on future equity awards or prior holdings.
TL;DR: Timely Form 3 filed for an officer with no reported holdings; document itself is a routine initial filing.
This filing is an initial Section 16 Form 3 for OII that identifies the reporting relationship and records zero shares beneficially owned. The report was signed by an attorney-in-fact on 09/18/2025. For securities compliance, the form meets the basic disclosure requirement by identifying the reporting person, role, and ownership status. No derivative positions or indirect ownership are reported. The filing contains no indications of exemptions, amendments, or related transactions.