Oceaneering (OII) HR chief reports 24,805-share stock sale in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oceaneering International senior vice president and chief human resources officer Holly Kriendler reported net selling of 24,805 shares of common stock in late February. Two open-market sales on February 25–26 totaled 24,805 shares at prices around $37–$38, while 4,048 shares were withheld at $37.22 to cover taxes. After these transactions, she directly held 24,702 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,805 shares ($933,457)
Net Sell
3 txns
Insider
Kriendler Holly
Role
SVP, Chief H.R. Officer
Sold
24,805 shs ($933K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,798 | $37.31 | $216K |
| Sale | Common Stock | 19,007 | $37.73 | $717K |
| Tax Withholding | Common Stock | 4,048 | $37.22 | $151K |
Holdings After Transaction:
Common Stock — 24,702 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did OCEANEERING INTERNATIONAL INC (OII) report for Holly Kriendler?
Holly Kriendler reported multiple transactions in OII common stock, including two open-market sales totaling 24,805 shares and a 4,048-share tax-withholding disposition. These trades occurred over several days in late February and changed only her direct ownership, not company fundamentals.
At what prices were Holly Kriendler’s OCEANEERING (OII) stock sales executed?
Her reported open-market sales used weighted average prices around $37.31 and $37.73 per share. A footnote notes trades in a price range between $37.700 and $37.955, and also discloses that detailed price breakdowns are available to regulators or shareholders upon request.
What does the tax-withholding disposition in Holly Kriendler’s OII Form 4 mean?
The Form 4 lists a code F transaction for 4,048 OII shares, described as a tax-withholding disposition. This indicates shares were surrendered at $37.22 per share to satisfy tax obligations tied to equity compensation, rather than being sold in an ordinary open-market trade.