Oceaneering (NYSE: OII) COO Laura Benjamin discloses sizable insider stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oceaneering International SVP & Chief Operating Officer Laura Benjamin reported significant share sales. She sold 33,176 shares of common stock on February 25 at an average price of $37.511 per share and 5,106 shares on February 26 at $36.88 per share in open-market transactions.
On February 24, 5,551 shares were disposed of at $37.22 per share to cover tax obligations. After these transactions, she directly owned 40,805 common shares and indirectly held 8,695 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,282 shares ($1,432,774)
Net Sell
4 txns
Insider
Laura Benjamin
Role
SVP & Chief Operating Officer
Sold
38,282 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,106 | $36.88 | $188K |
| Sale | Common Stock | 33,176 | $37.511 | $1.24M |
| Tax Withholding | Common Stock | 5,551 | $37.22 | $207K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,805 shares (Direct);
Common Stock — 8,695 shares (Indirect, By 401(k) plan.)
Footnotes (1)
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FAQ
What did OCEANEERING INTERNATIONAL INC (OII) insider Laura Benjamin report on this Form 4?
Laura Benjamin reported multiple transactions in Oceaneering International common stock, including open-market sales and a tax-related share disposition. The filing details sale dates, share amounts, average prices, and her remaining direct and indirect ownership positions after these trades.
What is Laura Benjamin’s remaining ownership in OCEANEERING INTERNATIONAL INC (OII) after these transactions?
After the reported transactions, Laura Benjamin directly owned 40,805 shares of Oceaneering International common stock. She also indirectly held 8,695 additional shares through a 401(k) plan, reflecting combined direct and retirement-plan interests disclosed in the Form 4.
At what prices were Laura Benjamin’s recent OII stock sales executed?
Her reported sales occurred at average prices of $37.511 per share on February 25 and $36.88 per share on February 26. A separate February 24 tax-withholding disposition used a price of $37.22 per share for shares delivered to cover tax liabilities.
What role does Laura Benjamin hold at OCEANEERING INTERNATIONAL INC (OII)?
Laura Benjamin serves as Senior Vice President and Chief Operating Officer of Oceaneering International. This executive position makes her a reporting insider, requiring disclosure of transactions in company common stock on Form 4 under U.S. securities regulations.