Tidewater (TDW) CFO reports 4,789-share tax-withholding disposition

Rhea-AI Filing Summary

Tidewater Inc. executive Samuel R. Rubio reported routine tax-related share dispositions tied to equity compensation. On the vesting of restricted stock units, a total of 4,789 shares of common stock were withheld to cover taxes through three Form F transactions at a price of $72.48 per share. These are not open-market sales but shares retained by the company to satisfy tax obligations. Following these withholdings, Rubio directly owns 67,569 shares of Tidewater common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rubio Samuel R

(Last) (First) (Middle)

842 WEST SAM HOUSTON PARKWAY NORTH

SUITE 400

(Street)

HOUSTON TEXAS 77024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TIDEWATER INC [ TDW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001	03/23/2026		F		1,587(1)	D	$72.48	70,771	D
Common Stock, par value $0.001	03/23/2026		F		2,472(1)	D	$72.48	68,299	D
Common Stock, par value $0.001	03/23/2026		F		730(1)	D	$72.48	67,569	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to cover taxes due upon the vesting of restricted stock units.

	/s/ Daniel A. Hudson, Attorney-in-Fact	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Tidewater (TDW) report for Samuel R. Rubio?

Tidewater reported that executive Samuel R. Rubio had shares withheld to cover taxes upon vesting of restricted stock units. Three Form F transactions reflect tax-withholding dispositions, not open-market sales, and are a routine part of equity compensation administration.

How many Tidewater (TDW) shares were withheld for Samuel R. Rubio’s taxes?

A total of 4,789 Tidewater common shares were withheld to cover tax obligations on vested restricted stock units. These dispositions used shares instead of cash for taxes and do not represent discretionary buying or selling in the open market by the executive.

At what price were Samuel R. Rubio’s Tidewater (TDW) tax-withholding shares valued?

The tax-withholding dispositions were reported at $72.48 per Tidewater common share. This price is used solely for reporting the value of shares withheld to satisfy tax liabilities triggered by restricted stock unit vesting events.

How many Tidewater (TDW) shares does Samuel R. Rubio hold after these transactions?

After the tax-withholding share dispositions, Samuel R. Rubio directly holds 67,569 Tidewater common shares. This figure reflects his remaining equity position reported in the Form 4, following routine tax-related withholdings tied to restricted stock unit vesting.

Do Samuel R. Rubio’s Form 4 transactions in Tidewater (TDW) signal open-market selling?

No, the reported Form 4 transactions are coded F for tax-withholding dispositions related to restricted stock unit vesting. Footnotes clarify the shares were withheld to cover taxes, meaning they are not open-market sales and do not indicate discretionary selling activity.