Tidewater (TDW) director Robotti reports 598-share stock fee and 2.24M holdings
Rhea-AI Filing Summary
Tidewater Inc. director reports stock compensation and updated holdings. On 01/02/2026, director Robert E. Robotti received 598 shares of Tidewater common stock at $52.23 per share. These unrestricted shares were issued in lieu of certain cash compensation under the company’s Director Stock Election Program, meaning he chose to be paid part of his director fees in stock instead of cash.
After this transaction, Robotti is reported as beneficially owning 2,239,739 Tidewater shares in total, held indirectly through various investment entities, a charitable foundation, his spouse, and his own holdings. He states that he disclaims beneficial ownership of these securities except to the extent of any pecuniary interest he may have.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 Par Value Per Share | 598 | $52.23 | $31K |
Footnotes (1)
- Represents unrestricted shares of the Common Stock, $0.001 par value per share (the "Common Stock"), issued to Mr. Robotti in lieu of certain cash compensation pursuant to his election under the Director Stock Election Program. This amount includes 114,395 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti & Company Advisors, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Robotti Advisors"), 1,143,117 shares of the Common Stock directly beneficially owned by The Ravenswood Investment Company, LP ("RIC"), 763,757 shares of the Common Stock directly beneficially owned by Ravenswood Investments III, L.P. ("RI"), 3,000 shares of the Common Stock directly beneficially owned by Suzanne and Robert Robotti Foundation, Inc. ("Robotti Foundation"), 58,500 shares of the Common Stock directly beneficially owned by Suzanne Robotti ("Su Robotti"), wife of Robert Robotti, and 156,970 shares of the Common Stock, directly beneficially owned by Robert Robotti. Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 through his indirect proportionate ownership of Robotti Advisors, as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI and through his marriage to Su Robotti. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.
FAQ
What did Tidewater Inc. (TDW) director Robert E. Robotti report in this Form 4?
Robert E. Robotti reported receiving 598 shares of Tidewater Inc. common stock on 01/02/2026, issued as unrestricted shares in lieu of certain cash compensation under the company’s Director Stock Election Program.
How are Robert E. Robotti’s Tidewater (TDW) holdings structured across different entities?
The reported 2,239,739 Tidewater shares include holdings by advisory clients of Robotti & Company Advisors, LLC, The Ravenswood Investment Company, LP, Ravenswood Investments III, L.P., Suzanne and Robert Robotti Foundation, Inc., Suzanne Robotti, and Robert Robotti personally.
Does Robert E. Robotti claim full beneficial ownership of all reported Tidewater (TDW) shares?
No. He states that he disclaims beneficial ownership of all securities reported except to the extent of his pecuniary interest in them, if any.