Welcome to our dedicated page for Tidewater SEC filings (Ticker: TDW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Tidewater Inc. (NYSE: TDW) SEC filings, offering a detailed view of how the company reports its offshore support vessel business to regulators. Tidewater files annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with other required documents, to describe its operations, financial condition and material events.
Form 8-K filings highlighted in recent disclosures include results of operations and financial condition items where Tidewater furnishes earnings releases for specific quarters. These documents contain information on revenue, gross margin, net income, Adjusted EBITDA, free cash flow, average day rates, vessel up-time and active utilization, as well as narrative explanations of performance across production support, offshore construction, subsea and EPCI, drilling support and renewable energy projects.
Other 8-K filings describe capital markets transactions and credit facilities, such as the issuance of 9.125% Senior Notes due 2030 under an indenture and the entry into a senior secured revolving credit facility. These filings outline key terms, covenants, redemption provisions, change of control features and financial maintenance ratios, and explain how proceeds are used to repay existing term loans and bonds.
Through this page, users can also review disclosures about share repurchase programs, including Board authorization of repurchase capacity and the flexibility the company has in executing buybacks. Together with periodic reports, these filings help clarify Tidewater’s capital structure, liquidity and risk factors, including the extensive list of business, financial, regulatory and operational risks referenced in its cautionary statements.
Stock Titan enhances these filings with AI-powered summaries that explain the purpose and implications of each document in clear language. Users can quickly scan new 10-K, 10-Q, 8-K and Form 4 submissions, see key changes relative to prior periods, and explore the underlying full-text filings as needed.
Form 4 filing overview – Tidewater Inc. (TDW)
Director Melissa Cougle reported the acquisition of 655 shares of Tidewater common stock on 1 July 2025. The shares were issued in lieu of cash compensation under the company’s Director Stock Election Program at an indicated value of $47.70 per share. Following this routine, non-open-market transaction, Cougle’s total beneficial ownership rises to 23,239 shares, held directly.
No derivative securities were involved, and the filing does not disclose any sales, option grants, or 10b5-1 trading plans. As this represents a modest increase of approximately 2.9 % in the director’s personal holdings, the market impact is expected to be limited; however, such stock-for-fees elections may signal continued board-level confidence in Tidewater’s equity.
Form 4 filing for Tidewater Inc. (TDW) discloses that director Robert E. Robotti acquired 655 unrestricted common shares on 07/01/2025 at an indicated price of $47.70 per share. The shares were issued in lieu of cash compensation under the company’s Director Stock Election Program. After the transaction, Robotti’s aggregate beneficial ownership—held indirectly through various advisory clients, investment partnerships, a family foundation and personal accounts—stands at 2,238,571 shares. No derivative securities were involved and there were no dispositions.
The acquisition increases Robotti’s already substantial stake by a marginal amount (approximately 0.03% of his reported holdings). Because the shares were compensation-related rather than an open-market purchase, the transaction is routine and does not materially alter insider ownership dynamics or free float.
Tidewater Inc. (NYSE: TDW) filed an 8-K disclosing the successful pricing of a privately placed $650 million senior unsecured notes offering. The notes will bear a coupon of 9.125% and mature on July 15, 2030. Issued at par and sold under Rule 144A / Regulation S, the securities are available solely to qualified institutional buyers and non-U.S. investors.
Intended use of proceeds: (i) repay in full the company’s outstanding senior secured term loan; (ii) redeem its 8.50% Senior Secured Bonds due 2026 and 10.375% Senior Unsecured Bonds due 2028; and (iii) cover associated redemption premiums, accrued interest, fees and expenses. Any residual funding will come from existing cash on hand. The new notes will rank senior unsecured and carry guarantees from certain U.S. subsidiaries.
Capital-structure implications: • Extends Tidewater’s nearest bond maturity from 2026/2028 to 2030, lengthening the debt ladder by 2-4 years. • Replaces secured debt with unsecured debt, potentially freeing collateral and increasing financial flexibility. • Blended interest cost relative to existing instruments changes: the 9.125% coupon is 62.5 bp higher than the 2026 secured notes but 125 bp lower than the 2028 unsecured notes; the net cost effect versus the term loan was not disclosed.
The company issued a press release (Exhibit 99.1) on June 24 2025 announcing the transaction. Closing, redemption timing, and final net proceeds were not included in this filing.
Tidewater announced a significant debt refinancing initiative on June 23, 2025. The company plans to offer $650 million in senior notes due 2030 through a private offering to qualified institutional buyers under Rule 144A and Regulation S.
Key aspects of the refinancing plan:
- Proceeds will be used to repay existing senior secured term loan
- Redeem outstanding 8.50% Senior Secured Bonds due 2026
- Redeem outstanding 10.375% Senior Unsecured Bonds due 2028
- Cover associated premiums, interest, fees and expenses
Additionally, Tidewater secured commitment letters for a new $250 million senior secured revolving credit facility. The new facility's availability is contingent on completing the debt repayment and redemption process, though the Notes offering is not conditional on finalizing the new credit agreement.