Oceaneering (NYSE: OII) CEO-linked entity reports 5,000-share sale, large holdings remain
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oceaneering International President and CEO Roderick A. Larson reported indirect share activity at an affiliated entity. On May 18, 2026, an entity identified as LFV, LP conducted an open-market sale of 5,000 shares of Oceaneering International common stock at $38.27 per share. Following this sale, the filing shows 397,279 shares held indirectly through LFV, LP and 251,431 shares held directly. The footnote states that Larson disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest, indicating these shares are primarily attributed to the partnership rather than to him personally.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($191,350)
Net Sell
2 txns
Insider
LARSON RODERICK A.
Role
President and CEO
Sold
5,000 shs ($191K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $38.27 | $191K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 397,279 shares (Indirect, LFV, LP);
Common Stock — 251,431 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,000 shares
Sale price: $38.27 per share
Indirect holdings after sale: 397,279 shares
+2 more
5 metrics
Shares sold
5,000 shares
Open-market sale on May 18, 2026
Sale price
$38.27 per share
Common stock sale by LFV, LP
Indirect holdings after sale
397,279 shares
Held through LFV, LP after transaction
Direct holdings
251,431 shares
Directly held common stock as reported
Net shares sold
5,000 shares
Net buy/sell shares in transaction summary
Key Terms
open-market sale, indirect, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect financial
"reported as an indirect sale through LFV, LP"
beneficial ownership financial
"disclaims beneficial ownership of all of the shares held indirectly"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of the pecuniary interest held therein"
limited partnership financial
"held indirectly through this entity except to the extent"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
What insider transaction did OII President and CEO Roderick Larson report?
Roderick A. Larson reported an open-market sale of 5,000 shares of Oceaneering International common stock on May 18, 2026. The transaction was executed at $38.27 per share and was carried out through an affiliated limited partnership, LFV, LP, rather than directly.
What are Roderick Larson’s indirect OII holdings after this transaction?
After the reported sale, the Form 4 shows 397,279 shares of Oceaneering International common stock held indirectly through LFV, LP. The filing also separately lists 251,431 shares held directly, providing a view of both indirect and direct positions as of the transaction date.