Oceaneering Director Disposes 10,000 OII Shares; Weighted Avg $24.25
Rhea-AI Filing Summary
Paul B. Murphy Jr., a director of Oceaneering International, reported the sale of 10,000 shares of OII common stock on 09/02/2025 at a weighted-average price of $24.25 per share. After the disposition, he beneficially owns 74,340 shares. The filing notes the reported price is a weighted average for multiple transactions between $24.22 and $24.29, and the Form 4 was signed by an attorney-in-fact on 09/03/2025. This disclosure is a routine Section 16 report showing an insider sale; no derivative transactions or other securities changes are reported in the filing.
Positive
- Timely and complete disclosure of the insider sale, including price range and post-transaction ownership
- No derivative or complex transactions were reported, simplifying interpretation of the filing
Negative
- None.
Insights
TL;DR: Routine insider sale by a director reducing his stake by 10,000 shares; no derivatives or material corporate events disclosed.
The Form 4 documents a straightforward open-market sale of 10,000 OII shares by Director Paul B. Murphy Jr. The weighted-average price of $24.25 and the small remaining stake of 74,340 shares suggest this is a personal liquidity action rather than a corporate signal. There are no concurrent option exercises, grants, or related-party transactions reported that would indicate compensation-related activity. For investors, this is a standard SEC disclosure of insider trading activity with limited direct implications for company fundamentals.
TL;DR: A routine, properly filed Section 16 report showing an insider sale; filing includes required price-range footnote and attorney-in-fact signature.
The filing meets technical requirements: it specifies the reporting person, relationship to issuer as Director, transaction date, aggregate shares sold, and post-transaction beneficial ownership. The explanatory footnote clarifies the weighted-average price range of the multiple trades, and the signature block identifies an attorney-in-fact. No amendments or additional disclosures are present. This record reflects compliance with reporting obligations without revealing governance or control changes.