Childress Earl 4

What Happened

• Earl Childress, Senior Vice President & Chief Commercial Officer of Oceaneering International (OII), disposed of a total of 27,213 shares in two linked transactions. On 2026-02-24, 4,695 shares were surrendered/used to cover an exercise price or tax liability (reported value $174,748). On 2026-02-25, 22,518 shares were sold in an open-market transaction for $842,398. Total proceeds reported across both disposals ≈ $1,017,146. These were sales/dispositions (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-02-24: 4,695 shares — "F" (payment of exercise price/tax withholding) at $37.22 — $174,748.
  • 2026-02-25: 22,518 shares — "S" (open-market sale) at $37.41 — $842,398.
• Shares owned after the transactions: Not disclosed in this Form 4 filing.
• Footnote (F1): The price shown is a weighted average; the filing notes the underlying shares were purchased in multiple transactions at prices ranging from $37.750 to $38.715. The issuer will provide the per-price breakdown on request.
• Filing: Form 4 was filed Feb 26, 2026, reporting transactions from Feb 24–25, 2026 (no late-filing indication).

Context

• Code F denotes shares surrendered to cover exercise costs or taxes; code S denotes an open-market sale. This pairing is commonly seen when options are exercised and some shares are withheld for taxes while others are sold, but the Form 4 itself only reports the dispositions and withholding — it does not state the insider's motivation.