Oceaneering (NYSE: OII) SVP Childress sells shares, disposes stock for taxes
Rhea-AI Filing Summary
Oceaneering International senior executive Earl Childress reported two stock transactions. As SVP and Chief Commercial Officer, he made an open-market sale of 22,518 shares of common stock at $37.41 per share on February 25, 2026, leaving 35,577 shares owned directly after this sale.
On February 24, 2026, he also disposed of 4,695 shares at $37.22 per share to cover tax obligations by delivering shares rather than paying cash. Both transactions involved directly held common stock and were reported on a Form 4 insider filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,213 shares
Net Sell
2 txns
Insider
Childress Earl
Role
SVP, Chief Commercial Ofc.
Sold
22,518 shs ($842K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,518 | $37.41 | $842K |
| Exercise Price or Tax Liability | Common Stock | 4,695 | $37.22 | $175K |
Holdings After Transaction:
Common Stock — 35,577 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $37.750 to $38.715 inclusive. The issuer undertakes to provide, upon request by the SEC staff or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the range set forth in this Footnote to this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did OCEANEERING INTERNATIONAL INC (OII) report for Earl Childress?
Earl Childress reported two transactions in Oceaneering International common stock. He sold 22,518 shares in an open-market transaction and disposed of 4,695 shares to satisfy tax obligations, with both transactions involving directly held shares reported on Form 4.
What role does Earl Childress hold at OCEANEERING INTERNATIONAL INC (OII) in this Form 4 filing?
In the Form 4, Earl Childress is identified as an officer of Oceaneering International, serving as Senior Vice President and Chief Commercial Officer, making these transactions notable as activity by a senior executive of the company.
Were Earl Childress’s OCEANEERING INTERNATIONAL INC (OII) transactions direct or indirect holdings?
Both transactions involved directly held Oceaneering International common stock. The Form 4 characterizes his ownership type as direct, with no indication that the reported shares were held through a separate entity or indirect structure.