Tidewater EVP reports 2,053 TDW shares withheld for tax obligations
Tidewater Inc. executive reports routine share withholding for taxes.
Rhea-AI Filing Summary
Tidewater Inc. executive reports routine share withholding for taxes. The company’s EVP & Chief Operating Officer filed a Form 4 disclosing that on 01/02/2026, 2,053 shares of Tidewater common stock were withheld at $52.23 per share. These shares were used to cover taxes due when restricted stock units vested. After this tax withholding, the officer directly beneficially owns 25,442 shares of Tidewater common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 2,053 | $52.23 | $107K |
Footnotes (1)
- F1. Represents shares withheld to cover taxes due upon the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tidewater Inc (TDW) report on this Form 4?
The EVP & Chief Operating Officer reported that 2,053 shares of Tidewater common stock were withheld on 01/02/2026 to cover taxes upon vesting of restricted stock units.
What is the nature of the reported TDW insider transaction?
The transaction is classified as code F, which in this context reflects shares withheld to cover taxes due upon the vesting of restricted stock units, rather than an open-market buy or sell.
Does this Tidewater (TDW) Form 4 involve derivative securities?
No derivative securities are reported as acquired, disposed of, or beneficially owned; the disclosure relates only to non-derivative common stock used for tax withholding and the resulting share balance.
AI-generated analysis. How Rhea-AI works. Not financial advice.