MCDONALD MARTIN J 4
4 · OCEANEERING INTERNATIONAL INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Oceaneering (OII) SVP Martin J. McDonald Withholds 4,826 Shares for Taxes
What Happened
Martin J. McDonald, Senior Vice President, Subsea Robotics at Oceaneering International (OII), disposed of 4,826 shares on Feb 24, 2026 as a payment of tax liability (transaction code F). The shares were valued at $37.22 each, totaling approximately $179,624. This was a withholding to satisfy tax obligations on a prior equity award or option exercise—not an open-market sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26.
- Shares withheld/disposed: 4,826 at $37.22 per share; total ≈ $179,624.
- Transaction code: F — payment of exercise price or tax liability (share withholding).
- Filing timeliness: Form filed two days after the transaction (no late-filing flag provided).
- Shares owned after the transaction: not specified in the provided filing.
Context
Code F typically indicates shares were retained by the company to cover withholding taxes for a grant vesting or option exercise (a net share settlement). This is a routine administrative action and does not necessarily signal a change in the insider’s view of the company; it is different from an open-market sale (code S) or a purchase (code P).
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-24$37.22/sh−4,826$179,624→ 119,229 total