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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.

How many TDW shares are covered by Kenneth Traub’s Form 144 notice?

The notice covers 20,000 shares of Tidewater Inc. common stock. These shares are listed under “Securities To Be Sold” and are associated with restricted stock units granted on 05/07/2019 and acquired in various tranches through 06/14/2023.

What is the aggregate market value of the TDW shares in this Form 144?

The Form 144 lists an aggregate market value of $1,930,096.00 for the 20,000 TDW common shares covered by the notice. This value appears in the securities information section alongside the number of shares and issuer details.

What share count for TDW is referenced in the Form 144 filing?

The filing references 49,756,231 shares outstanding of Tidewater Inc. common stock. This figure appears in the securities information section and provides context for the size of the 20,000-share proposed sale.

When were the TDW shares in the Form 144 originally acquired?

The shares were originally acquired as Restricted Stock Units on 05/07/2019. The remarks state that the shares were acquired in various tranches from 05/07/2019 to 06/14/2023, indicating multiple vesting or acquisition dates over that period.

When is the proposed sale date for the TDW shares in this Form 144?

The securities information section lists 09/01/2026 as the proposed sale date for the 20,000 Tidewater Inc. common shares. The notice itself is dated the same day, 09/01/2026, and is signed by Kenneth Traub.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature