Tidewater EVP gets stock awards, tax shares withheld

Tidewater Inc. executive Daniel A. Hudson reported equity compensation activity in company stock.

Rhea-AI Filing Summary

Tidewater Inc. executive Daniel A. Hudson reported equity compensation activity in company stock. He acquired 8,005 shares of common stock on March 18, 2026 upon vesting and settlement of Performance Restricted Stock Units tied to Tidewater’s relative total shareholder return, which was certified at 75%, causing the award to earn at 150% of the target amount.

On the same date, 3,267 shares were withheld to cover tax obligations related to this vesting, which is a non-market disposition. Hudson also received a grant of 6,643 restricted stock units that vest pro rata on each of March 22, 2027, March 22, 2028, and March 22, 2029. Following these transactions, he directly holds 57,352 shares of Tidewater common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Hudson Daniel A.

Role EVP & GENERAL COUNSEL

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.001 par value	8,005	$75.27	$603K
Exercise Price or Tax Liability	Common Stock, $0.001 par value	3,267	$75.27	$246K
Grant/Award	Common Stock, $0.001 par value	6,643	$75.27	$500K

Holdings After Transaction: Common Stock, $0.001 par value — 57,352 shares (Direct)

Footnotes (3)

1. F1. Shares earned upon vesting and settlement of Performance Restricted Stock Units ("PRSUs") awarded on March 16, 2023, that measured the relative TSR of Tidewater Inc. (the "Issuer") against a predetermined peer group for the three-year period beginning January 1, 2023 through December 3, 2025. On March 18, 2026, the Compensation & Human Capital Committee of the Issuer certified the relative TSR performance at 75%, resulting in the PSUs originally granted becoming earned at 150% of the target amount granted.
2. F2. Shares withheld for payment of taxes in connection with the vesting and settlement of the PRSUs described in footnote 1 above.
3. F3. Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2027, 2028, and 2029.

FAQ

What insider transactions did Tidewater (TDW) report for Daniel A. Hudson?

Daniel A. Hudson reported equity compensation-related transactions in Tidewater stock. He received shares from vested performance restricted stock units, had shares withheld for taxes, and was granted new restricted stock units, all recorded as non-derivative transactions on March 18, 2026.

How many Tidewater (TDW) shares did Daniel A. Hudson acquire from PRSU vesting?

Daniel A. Hudson acquired 8,005 Tidewater common shares from PRSU vesting. These shares were earned after relative total shareholder return performance was certified at 75%, which caused the performance-based award to vest at 150% of its original target amount.

Why were some Tidewater (TDW) shares disposed of in Daniel A. Hudson’s Form 4?

3,267 Tidewater shares were withheld to cover tax obligations. This disposition was coded as a tax-withholding transaction, meaning the shares were not sold in the open market but were instead retained to satisfy tax liabilities on the vested PRSUs.

What new restricted stock units did Daniel A. Hudson receive from Tidewater (TDW)?

Hudson received a grant of 6,643 Tidewater restricted stock units. These RSUs are structured to vest in equal annual installments on March 22 of 2027, 2028, and 2029, providing multi-year, stock-based compensation tied to continued service.

How many Tidewater (TDW) shares does Daniel A. Hudson hold after these transactions?

After the reported transactions, Hudson directly holds 57,352 Tidewater shares. This figure reflects the shares acquired from PRSU vesting, the shares withheld for taxes, and the updated balance after the additional restricted stock unit grant recorded on March 18, 2026.

What performance metric determined Daniel A. Hudson’s Tidewater (TDW) PRSU payout?

The PRSU payout depended on Tidewater’s relative total shareholder return. Performance was measured against a predetermined peer group over a three-year period starting January 1, 2023, and certification at 75% relative TSR resulted in earning 150% of the original target award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/20/2026 - 08:00 PM Learn about SEC filing dates

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

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^*

Hudson Daniel A.

(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 & GENERAL COUNSEL

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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, $0.001 par value	03/18/2026		A		8,005(1)	A	$75.27	53,976	D
Common Stock, $0.001 par value	03/18/2026		F		3,267(2)	D	$75.27	50,709	D
Common Stock, $0.001 par value	03/18/2026		A		6,643(3)	A	$75.27	57,352	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. Shares earned upon vesting and settlement of Performance Restricted Stock Units ("PRSUs") awarded on March 16, 2023, that measured the relative TSR of Tidewater Inc. (the "Issuer") against a predetermined peer group for the three-year period beginning January 1, 2023 through December 3, 2025. On March 18, 2026, the Compensation & Human Capital Committee of the Issuer certified the relative TSR performance at 75%, resulting in the PSUs originally granted becoming earned at 150% of the target amount granted.

2. Shares withheld for payment of taxes in connection with the vesting and settlement of the PRSUs described in footnote 1 above.

3. Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2027, 2028, and 2029.

	/s/ Daniel A. Hudson	03/20/2026
	** 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)