Tidewater (TDW) CFO Samuel Rubio sells 17,705 shares via family trust
Rhea-AI Filing Summary
Tidewater Inc. executive Samuel R. Rubio, EVP, CFO & CAO, reported an open-market sale of 17,705 shares of Tidewater common stock on 2026-08-12 at a weighted average price of $91.56 per share, with trades executed between $91.07 and $92.12. The sold shares were held indirectly through the Rubio Family Trust, where he and his spouse serve as co-trustees with shared voting and dispositive power. After these updates and related corrections between direct and trust holdings, the trust holds 33,214 shares indirectly, and Rubio also holds 16,650 shares directly.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 17,705 shares
Net Sell
2 txns
Insider
Rubio Samuel R
Role
EVP, CFO & CAO
Sold
17,705 shs ($1.62M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 F1, F2, F3 | 17,705 | $91.56 | $1.62M |
| holding | Common Stock, par value $0.001 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 — 33,214 shares (Indirect, See footnote);
Common Stock, par value $0.001 — 16,650 shares (Direct)
Footnotes (3)
- F1. The transaction was executed in multiple trades at prices ranging from $91.07 to $92.12. 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.
- F2. Reflects corrections with respect to shares that were previously inadvertently reported as owned directly by the Reporting Person that are instead held indirectly through the Rubio Family Trust.
- F3. Represents shares held by the Rubio Family Trust, for which the Reporting Person is a co-trustee with his spouse and has shared voting and dispositive power with respect to the shares held by the trust.
Key Figures
Shares sold: 17,705 shares
Weighted average sale price: $91.56 per share
Trade price range: $91.07–$92.12 per share
+3 more
6 metrics
Shares sold
17,705 shares
Common stock sold on 2026-08-12 in open-market trades
Weighted average sale price
$91.56 per share
Reported for the 17,705-share sale on 2026-08-12
Trade price range
$91.07–$92.12 per share
Range of individual trades comprising the reported sale
Indirect holdings after transaction
33,214 shares
Shares held by the Rubio Family Trust after sale and corrections
Direct holdings after transaction
16,650 shares
Common stock directly owned by Samuel R. Rubio
Net share change
-17,705 shares
Net buy/sell shares reported in the transaction summary
Key Terms
weighted average sale price, indirectly through the Rubio Family Trust, shared voting and dispositive power
3 terms
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
indirectly through the Rubio Family Trust financial
"shares that were previously inadvertently reported as owned directly ... instead held indirectly through the Rubio Family Trust."
FAQ
What insider transaction did Tidewater (TDW) report for Samuel R. Rubio?
Tidewater reported that Samuel R. Rubio, EVP, CFO & CAO, sold 17,705 TDW shares on 2026-08-12 in an open-market transaction. The sale involved shares held indirectly through the Rubio Family Trust and was executed in multiple trades.
Did the Tidewater (TDW) Form 4 include corrections to prior ownership reporting?
Yes. A footnote states that some shares previously reported as owned directly by Rubio were reclassified as indirectly owned through the Rubio Family Trust. This correction clarifies that those shares are held by the trust rather than in Rubio’s direct name.
AI-generated analysis. How Rhea-AI works. Not financial advice.