Tidewater CEO shares withheld for RSU taxes
Tidewater Inc. director, president and CEO Quintin Kneen reported routine share dispositions tied to taxes on equity compensation.
Rhea-AI Filing Summary
Tidewater Inc. director, president and CEO Quintin Kneen reported routine share dispositions tied to taxes on equity compensation. On March 23, 2026, a total of 14,193 shares of common stock were withheld at $72.48 per share to cover taxes upon vesting of restricted stock units. After these tax-withholding transactions, Kneen directly holds 358,870 shares of Tidewater common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 14,193 shares
Exercise Price or Tax Liability
3 txns
Insider
Kneen Quintin
Role
DIRECTOR, PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.001 par value | 5,766 | $72.48 | $418K |
| Exercise Price or Tax Liability | Common Stock, $0.001 par value | 2,555 | $72.48 | $185K |
| Exercise Price or Tax Liability | Common Stock, $0.001 par value | 5,872 | $72.48 | $426K |
Holdings After Transaction:
Common Stock, $0.001 par value — 358,870 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover taxes due upon the vesting of restricted stock units.
FAQ
What did Tidewater (TDW) CEO Quintin Kneen report in this Form 4?
Quintin Kneen reported tax-related share dispositions. On March 23, 2026, 14,193 Tidewater common shares were withheld at $72.48 per share to satisfy taxes due upon vesting of restricted stock units, a routine compensation-related event rather than an open-market trade.
Were the Tidewater (TDW) CEO’s reported transactions open-market sales?
No, they were not open-market sales. The Form 4 identifies transaction code F and describes the events as shares withheld to cover tax liabilities on vesting restricted stock units, meaning the shares were delivered for taxes rather than sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.