Tidewater Inc. amended five BNDES Construction Loans effective October 1, 2026, after satisfaction of all conditions precedent. The amendments terminated the Parent Company Guarantees, released Wilson Sons and Remolcadores as guarantors, and substituted Tidewater as the new guarantor.
Interest rates were raised to 3.21% for four loan agreements and 3.77% for one; the collateral coverage ratio for all five loans increased to 130%. The amendments also updated acceleration provisions, which vary among agreements. BNDES may declare a loan’s outstanding balance immediately due and payable for specified events, including a change in control without consent or use of proceeds for unallowed purposes. Unsecured Replacement LCs from DNB Bank ASA, not to exceed USD $170,458,000, were canceled effective October 2, 2026.
Tidewater Inc. (TDW) entered into a Guarantee Agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) on September 21, 2026. Tidewater guarantees full and timely payment, when due and payable, of all obligations of its indirect wholly owned subsidiary Tidewater do Brasil S.A. under the BNDES Construction Loans.
The guarantee is unsecured and, subject to certain limitations, ranks pari passu in payment priority with Tidewater’s other unsecured and unsubordinated obligations. The five loan facilities were entered into between 2007 and 2012, with Tidewater do Brasil as borrower and Wilson Sons S.A. and/or Remolcadores Ultratug Limitada as guarantors. Tidewater is working with BNDES to finalize documentation releasing those companies as guarantors.
TIDEWATER INC (TDW) director Robert Robotti reported amended insider activity involving Tidewater common stock on September 16, 2026. An advisory client of Robotti & Company Advisors, LLC made a bona fide gift of 1,951 shares, which ended the advisory relationship for those shares. Entities associated with Robotti also sold 6,695 and 3,605 shares at $89.8494 per share in indirect transactions. Robotti may be deemed to beneficially own certain shares through advisory clients, limited partnerships, a family foundation and his spouse, but disclaims beneficial ownership except to the extent of any pecuniary interest. No Rule 10b5-1 trading plan is reported.
Tidewater Inc. (TDW) director Robert Robotti reported indirect transactions in the company’s common stock on September 16, 2026. Entities associated with him transferred 1,951 shares for no consideration from an advisory client account and sold a total of 10,300 shares at $89.8494 per share. The shares are held by advisory clients, investment partnerships, a family foundation, and his spouse, and Robotti states he disclaims beneficial ownership except to the extent of any pecuniary interest.
TIDEWATER INC (TDW) received a notice that director Robert E. Robotti intends to sell 537,854 shares of Tidewater common stock under Rule 144. The notice lists an aggregate market value of about $47.6 million for these shares and states that Tidewater has 49,756,231 shares outstanding as of September 16, 2026.
TIDEWATER INC (TDW) director Kenneth Traub reported selling 10,000 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $99.00 per share, with executions between $99.00 and $99.28. Following this sale, he directly holds 63,521 shares of Tidewater common stock.
TIDEWATER INC (TDW) reported that Daniel A. Hudson, its Executive Vice President, Chief Legal Officer and Corporate Secretary, sold 15,000 shares of common stock on September 2, 2026 in an open-market or private transaction at a weighted average price of $99.08 per share, with individual trade prices ranging from $99.03 to $99.16. The sale was carried out under a Rule 10b5-1 trading plan adopted on March 17, 2026, and following the transaction he directly holds 33,029 shares of Tidewater common stock.
TIDEWATER INC (TDW) is named as the issuer in a Form 144 notice filed by officer Daniel Allen Hudson for a potential resale of restricted securities under Rule 144. The notice covers the proposed sale of 15,000 shares of common stock, held at The Charles Schwab Corporation. The filing lists an aggregate market value of $1,486,175 for these shares and reports that 49,756,231 shares of common stock were outstanding as of September 2, 2026; this is a baseline figure, not the amount being offered. The shares to be sold were acquired as RSUs between March 10, 2025 and March 18, 2025 from the issuer. The notice also discloses that Hudson sold 5,000 shares of common stock during the past three months on August 10, 2026 for proceeds of $445,031.
TIDEWATER INC (TDW) received a Rule 144 notice from director Kenneth Traub covering a planned sale of 20,000 shares of common stock. The shares, held at The Charles Schwab Corporation, have an aggregate market value of $1,930,096.00 and are part of 49,756,231 shares outstanding as of the notice. The stock was originally acquired as Restricted Stock Units on 05/07/2019, with tranches acquired through 06/14/2023. The proposed sale date is 09/01/2026 on the NYSE.
TIDEWATER INC (symbol: TDW) is the issuer of record for a Form 8-K filing submitted to the SEC.