Oceaneering CEO disposes shares for tax withholding
Oceaneering International President and CEO Roderick A. Larson reported a tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Oceaneering International President and CEO Roderick A. Larson reported a tax-related share disposition. On the Form 4, he disposed of 38,227 shares of common stock at $37.22 per share through a transaction coded “F,” which represents payment of tax liability by delivering shares rather than an open-market sale.
After this transaction, he directly owned 251,431 common shares. The filing also notes 402,279 shares held indirectly through LFV, LP, with a footnote stating he disclaims beneficial ownership of those indirectly held shares except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 38,227 | $37.22 | $1.42M |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The reporting person disclaims beneficial ownership of all of the shares held indirectly through this entity except to the extent of the pecuniary interest held therein.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OCEANEERING INTERNATIONAL (OII) CEO report on this Form 4?
What indirect OCEANEERING INTERNATIONAL (OII) holdings are associated with the CEO on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.