STOCK TITAN

Tidewater (NYSE: TDW) director receives 1,760-share restricted stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Traub Kenneth reported acquisition or exercise transactions in this Form 4 filing.

Tidewater Inc. director Kenneth Traub received an equity compensation grant of 1,760 shares of common stock in the form of a Restricted Stock Unit Award. The award vests on June 16, 2027, with settlement of shares deferred until June 16, 2028. After this grant, Traub directly holds 73,521 shares.

Positive

  • None.

Negative

  • None.
Insider Traub Kenneth
Role null
Type Security Shares Price Value
Grant/Award Common Stock, $0.001 par value 1,760 $0.00 --
Holdings After Transaction: Common Stock, $0.001 par value — 73,521 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 1,760 shares Restricted Stock Unit Award granted June 16, 2026
Post-transaction holdings 73,521 shares Total common shares directly held after grant
Vesting date June 16, 2027 RSU vesting date per footnote
Settlement date June 16, 2028 Deferred settlement date for RSU shares
Grant price per share $0.0000 per share RSU award granted at no cash cost to insider
Restricted Stock Unit Award financial
"Represents the grant of a Restricted Stock Unit Award that vests on June 16, 2027"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vests financial
"Restricted Stock Unit Award that vests on June 16, 2027"
defer settlement financial
"provided the Reporting Person has elected to defer settlement of the shares until the second anniversary"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Traub Kenneth

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $0.001 par value06/16/2026A1,760A$0(1)73,521D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of a Restricted Stock Unit Award that vests on June 16, 2027, provided the Reporting Person has elected to defer settlement of the shares until the second anniversary of the date of grant (i.e., June 16, 2028).
/s/ Daniel A. Hudson, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
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 transaction did Tidewater (TDW) disclose for Kenneth Traub?

Tidewater disclosed that director Kenneth Traub received a grant of 1,760 Restricted Stock Units. These RSUs are a form of equity compensation rather than an open-market purchase or sale of Tidewater common stock.

When do Kenneth Traub’s Tidewater (TDW) RSUs vest and settle?

The 1,760 Restricted Stock Units granted to Kenneth Traub vest on June 16, 2027. Settlement of the underlying Tidewater shares is deferred until June 16, 2028, two years after the grant date, subject to his deferral election.

How many Tidewater (TDW) shares does Kenneth Traub hold after this Form 4 event?

Following this grant, Kenneth Traub is reported as directly holding 73,521 shares of Tidewater common stock. This total reflects his position after adding the 1,760-share Restricted Stock Unit Award disclosed in the filing.

Was Kenneth Traub’s Tidewater (TDW) transaction a market purchase or sale?

The transaction was a grant/award acquisition, coded “A,” not an open-market trade. It represents compensation in the form of Restricted Stock Units rather than buying or selling shares on the market at a stated price.

What does the deferral election mean in Kenneth Traub’s Tidewater (TDW) RSU grant?

The footnote explains that Traub elected to defer settlement of his RSUs until June 16, 2028. This means the actual Tidewater shares linked to the award are delivered two years after the grant date, despite vesting one year earlier.