David E. Darling - 18 Mar 2025 Form 4 Insider Report for TIDEWATER INC (TDW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Mar 2025, 18:00:11 UTC
Prior SEC filing
12 Mar 2025
Next SEC filing
25 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel A. Hudson, Attorney-in-Fact

Key filing fact

David E. Darling filed Form 4 for TIDEWATER INC (TDW) on 20 Mar 2025.

Key facts

  • This page summarizes David E. Darling's Form 4 filing for TIDEWATER INC (TDW).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Mar 2025, 18:00.

Change

  • Previous filing in this sequence was filed on 12 Mar 2025.
  • Current net transaction value: +$1,190,428.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TDW transaction

Common Stock, $0.001 par value

Award

Transaction value
$932,322
Shares
+22,558
Change %
+46%
Price
$41.33
Shares after
71,106
Date
18 Mar 2025
Ownership
Direct
Footnotes
F1
TDW transaction

Common Stock, $0.001 par value

Tax liability

Transaction value
$366,886
Shares
-8,877
Change %
-12%
Price
$41.33
Shares after
62,229
Date
18 Mar 2025
Ownership
Direct
Footnotes
F2
TDW transaction

Common Stock, $0.001 par value

Award

Transaction value
$624,992
Shares
+15,122
Change %
+24%
Price
$41.33
Shares after
77,351
Date
18 Mar 2025
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares earned upon vesting and settlement of Performance Restricted Stock Units ("PRSUs") awarded on March 10, 2022, that measured the relative TSR of Tidewater Inc. (the "Issuer") against a predetermined peer group for the three-year period beginning January 1, 2022 through December 3, 2024. On March 18, 2025, the Compensation & Human Capital Committee of the Issuer certified the relative TSR performance at the maximum level, resulting in all of the PSUs originally granted becoming earned at 200% of the target amount granted.

Footnote F2

Shares withheld for payment of taxes in connection with the vesting and settlement of the PRSUs described in footnote 1 above.

Footnote F3

Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2026, 2027, and 2028.

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