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Director at Tidewater (NYSE: TDW) granted 1,760-share restricted stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FAGERSTAL DICK reported acquisition or exercise transactions in this Form 4 filing.

Tidewater Inc. director Dick Fagerstal received an equity award covering 1,760 shares of common stock. The award is structured as a Restricted Stock Unit grant that vests on June 16, 2027, with settlement of the shares deferred until the end of his service on the Board of Directors. Following this grant, he directly holds 75,592 shares.

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Insider FAGERSTAL DICK
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 — 75,592 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity award size 1,760 shares Restricted Stock Unit grant to director Dick Fagerstal
Post-transaction holdings 75,592 shares Common stock directly held after award
Vesting date June 16, 2027 Restricted Stock Unit vesting schedule
Grant price per share $0.0000 per share Reported transaction price for awarded shares
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.
vests financial
"Restricted Stock Unit Award that vests on June 16, 2027"
defer settlement financial
"provided the Reporting Person has elected to defer settlement of the shares"
Board of Directors financial
"until the end of his service on the Issuer's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
FAGERSTAL DICK
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $0.001 par value06/16/2026A1,760A$0(1)75,592D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of a Restricted Stock Unit Award that vests on June 16, 2027, provided the Reporting Person has elected to defer settlement of the shares until the end of his service on the Issuer's Board of Directors.
/s/ Daniel A. Hudson, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Tidewater (TDW) report for Dick Fagerstal?

Tidewater reported that director Dick Fagerstal received a grant covering 1,760 shares of common stock. The award is a Restricted Stock Unit grant that vests in 2027, increasing his directly held position to 75,592 shares after the transaction.

How many Tidewater (TDW) shares were granted to director Dick Fagerstal?

Dick Fagerstal was granted an equity award covering 1,760 shares of Tidewater common stock. These shares are tied to a Restricted Stock Unit grant that vests in 2027, with settlement deferred until his Board service ends, aligning compensation with long-term governance.

When do Dick Fagerstal’s Tidewater (TDW) Restricted Stock Units vest?

The Restricted Stock Unit award to director Dick Fagerstal vests on June 16, 2027. Although vesting occurs then, settlement of the underlying shares is deferred until he completes his service on Tidewater’s Board of Directors, extending the incentive horizon.

How many Tidewater (TDW) shares does Dick Fagerstal hold after this grant?

After the grant, Dick Fagerstal directly holds 75,592 Tidewater common shares. This total includes the impact of the 1,760-share equity award reported in the Form 4 filing, reflecting his updated ownership position as a member of the Board of Directors.

What type of award did Tidewater (TDW) grant to director Dick Fagerstal?

Tidewater granted Dick Fagerstal a Restricted Stock Unit award linked to 1,760 common shares. The units vest on June 16, 2027, and the director has elected to defer settlement of the actual shares until his service on the Board of Directors ends.