Tidewater (NYSE: TDW) CEO uses 14,193 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tidewater Inc. director, president and CEO Quintin Kneen reported routine share dispositions tied to taxes on equity compensation. On March 23, 2026, a total of 14,193 shares of common stock were withheld at $72.48 per share to cover taxes upon vesting of restricted stock units. After these tax-withholding transactions, Kneen directly holds 358,870 shares of Tidewater common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kneen Quintin
Role
DIRECTOR, PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.001 par value | 5,766 | $72.48 | $418K |
| Tax Withholding | Common Stock, $0.001 par value | 2,555 | $72.48 | $185K |
| Tax Withholding | Common Stock, $0.001 par value | 5,872 | $72.48 | $426K |
Holdings After Transaction:
Common Stock, $0.001 par value — 367,297 shares (Direct)
Footnotes (1)
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FAQ
What did Tidewater (TDW) CEO Quintin Kneen report in this Form 4?
Quintin Kneen reported tax-related share dispositions. On March 23, 2026, 14,193 Tidewater common shares were withheld at $72.48 per share to satisfy taxes due upon vesting of restricted stock units, a routine compensation-related event rather than an open-market trade.
Were the Tidewater (TDW) CEO’s reported transactions open-market sales?
No, they were not open-market sales. The Form 4 identifies transaction code F and describes the events as shares withheld to cover tax liabilities on vesting restricted stock units, meaning the shares were delivered for taxes rather than sold on the open market.