Tidewater director sells $990K in TDW stock
TIDEWATER INC (TDW) director Kenneth Traub reported selling 10,000 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $99.00 per share, with executions between $99.00 and $99.28.
Rhea-AI Filing Summary
TIDEWATER INC (TDW) director Kenneth Traub reported selling 10,000 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $99.00 per share, with executions between $99.00 and $99.28. Following this sale, he directly holds 63,521 shares of Tidewater common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Traub Kenneth
Role
Director
Sold
10,000 shs ($990K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.001 par value F1 | 10,000 | $99.00 | $990K |
Holdings After Transaction:
Common Stock, $0.001 par value — 63,521 shares (Direct)
Footnotes (1)
- F1. The transaction was executed in multiple trades at prices ranging from $99.00 to $99.28. The price reported above reflects the weighted average sale price. Upon request from the SEC staff, the issuer, or a security holder of the issuer, the Reporting Person hereby undertakes to provide the requesting party with full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $99.00 per share
Sale proceeds: $990,000
+1 more
4 metrics
Shares sold
10,000 shares
Sale of Tidewater common stock on September 2, 2026
Weighted average sale price
$99.00 per share
Open-market sale of TDW common stock on September 2, 2026
Sale proceeds
$990,000
10,000 shares sold at a weighted average price of $99.00 per share
Shares owned after transaction
63,521 shares
Direct holdings of Kenneth Traub after the September 2, 2026 sale
Key Terms
weighted average sale price, open market or private transaction, Rule 10b5-1
3 terms
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
open market or private transaction financial
"Sale in open market or private transaction"
Rule 10b5-1 regulatory
"the filing’s Rule 10b5-1 checkbox is not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Tidewater Inc (TDW) disclose in this Form 4?
Tidewater Inc director Kenneth Traub disclosed selling 10,000 shares of TDW common stock on September 2, 2026 in an open-market transaction at a weighted average price of $99.00 per share.
Was the September 2, 2026 TDW insider sale made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and no footnote indicates a trading plan, so no Rule 10b5-1 plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.