Oceaneering CFO Disposes of 14,840 OII Shares; Weighted Avg $24.36
Rhea-AI Filing Summary
Insider sale by Oceaneering finance officer. Curtis Alan R, listed as SVP and CFO, sold 14,840 shares of Oceaneering International Inc. (OII) on 08/27/2025 at a weighted average price of $24.3581 per share. After the sale he beneficially owns 155,259 shares directly and also holds 14,741 common stock equivalents indirectly through a 401(k) plan. The filing was signed by an attorney-in-fact on 08/28/2025. The Form 4 discloses that the reported price is a weighted average from trades at prices between $24.35 and $24.39, and the issuer will provide detail on request.
Positive
- None.
Negative
- Insider sale of 14,840 shares by the SVP and CFO on 08/27/2025 at a weighted average price of $24.3581
Insights
TL;DR: Routine insider sale; modest in size and likely not material to OII's valuation.
The filing shows a single block sale of 14,840 shares by the SVP and CFO at a weighted average price of $24.3581 on 08/27/2025. The disclosure is specific about the weighted-average price range ($24.35–$24.39) and remaining beneficial ownership (155,259 shares plus 14,741 equivalents). There are no derivative transactions or additional purchases reported. Based solely on this Form 4, the transaction appears to be a standard disposition rather than a corporate-development signal.
TL;DR: Disclosure is complete and timely; sale was properly reported under Section 16.
The Form 4 identifies the reporting person, relationship to the issuer (SVP and CFO), transaction date, transaction code (S for sale), and provides a weighted-average price footnote as required. Indirect holdings in a 401(k) are disclosed. The signature by an attorney-in-fact is included and dated. From a governance and compliance perspective, the filing meets Form 4 content requirements and contains no apparent omissions based on the provided text.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,840 | $24.3581 | $361K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.35 to $24.39, inclusive. The issuer undertakes to provide, upon request by the SEC staff or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this Footnote to this Form 4. Also owns 14,741 of common stock equivalents in 401(k) plan - Indirect.