Tidewater director plans $1.93M stock sale
TIDEWATER INC (TDW) received a Rule 144 notice from director Kenneth Traub covering a planned sale of 20,000 shares of common stock.
Rhea-AI Filing Summary
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.
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Key Figures
Shares to be sold: 20,000 shares of common stock
Aggregate market value: $1,930,096.00
Shares outstanding: 49,756,231 shares
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7 metrics
Shares to be sold
20,000 shares of common stock
Listed in Securities To Be Sold section under Form 144 notice
Aggregate market value
$1,930,096.00
Value associated with 20,000 TDW common shares in securities information
Shares outstanding
49,756,231 shares
Tidewater Inc. common shares outstanding referenced in the filing
Original RSU grant date
05/07/2019
Date Restricted Stock Units associated with the shares were granted
Acquisition period
05/07/2019 to 06/14/2023
Period over which shares were acquired in various tranches
Proposed sale date
09/01/2026
Date listed for proposed sale of the 20,000 TDW shares
Date of notice
09/01/2026
Date on which the Form 144 notice was signed and dated
Key Terms
Rule 144, Restricted Stock Units, aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 05/07/2019 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"Common | The Charles Schwab Corporation ... | 20000 | 1930096.00"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing disclose about TDW director Kenneth Traub?
The filing states that director Kenneth Traub filed a Rule 144 notice to sell 20,000 shares of Tidewater Inc. common stock, originally acquired as Restricted Stock Units beginning 05/07/2019, with a proposed sale date of 09/01/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.