Tidewater (NYSE: TDW) director Lois Zabrocky receives 1,760-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zabrocky Lois K reported acquisition or exercise transactions in this Form 4 filing.
TIDEWATER INC director Lois K. Zabrocky received an equity compensation grant in the form of restricted stock units. She was awarded 1,760 shares of common stock at no purchase price, increasing her direct holdings to 54,051 shares. The restricted stock unit award vests on June 16, 2027, aligning her compensation with the company’s future performance rather than reflecting an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zabrocky Lois K
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 — 54,051 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,760 shares
Post-transaction holdings: 54,051 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
1,760 shares
Restricted Stock Unit Award to director on June 16, 2026
Post-transaction holdings
54,051 shares
Total Tidewater common stock held directly after award
Grant price per share
$0.00 per share
Equity compensation award, not an open-market purchase
Vesting date
June 16, 2027
Restricted Stock Unit Award vesting date from footnote
Key Terms
Restricted Stock Unit Award, Common Stock, $0.001 par value, Grant, award, or other acquisition
3 terms
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.
Common Stock, $0.001 par value financial
"security_title: Common Stock, $0.001 par value"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"