[144] Tidewater, Inc. SEC Filing
Tidewater, Inc. (TDW) has filed a Form 144 indicating the planned sale of up to 5,000 common shares through The Charles Schwab Corporation. The filing lists an aggregate market value of approximately $250,079, an anticipated sale date of 07/08/2025, and notes that the company has 49,476,301 shares outstanding. The shares were originally acquired as compensation on 03/10/2023 and 03/08/2024. No other sales by the reporting person have occurred in the past three months, and no non-cash consideration is involved. The notice affirms that the seller is unaware of undisclosed material adverse information concerning Tidewater.
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Insights
TL;DR: Insider plans to sell 5,000 TDW shares (~$250k), immaterial to float; neutral impact.
The Form 144 signals a routine insider transaction representing roughly 0.01% of Tidewater’s 49.5 million shares outstanding. With an estimated value of $250k, the sale is too small to affect liquidity, ownership concentration, or market perception materially. The filing contains no new operational or financial data and simply satisfies SEC notice requirements. Therefore, I view the disclosure as neutral for investors and not likely to influence valuation or trading dynamics.