Laura Benjamin 4
Research Summary
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Oceaneering (OII) COO Laura Benjamin Sells Shares
What Happened Laura Benjamin, Chief Operating Officer of Oceaneering International, disposed of a total of 43,833 shares between Feb 24–26, 2026 for combined proceeds of roughly $1.64 million. Transactions include a payment to cover an option exercise or tax liability of 5,551 shares (reported at a weighted average $37.22, $206,608) and two open-market sales: 33,176 shares on Feb 25 at $37.51 ($1,244,465) and 5,106 shares on Feb 26 at $36.88 ($188,309). These were dispositions (sales/withholdings), not purchases.
Key Details
- Transaction dates and prices:
- 2026-02-24: 5,551 shares disposed (code F) at reported weighted avg $37.22 — $206,608
- 2026-02-25: 33,176 shares sold (code S) at $37.51 — $1,244,465
- 2026-02-26: 5,106 shares sold (code S) at $36.88 — $188,309
- Total shares disposed: 43,833; total proceeds reported: ~$1.64M.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnote: The F transaction price is a weighted average; those shares were purchased in multiple transactions at prices ranging $37.315–$37.760 (issuer can provide full breakdown on request).
- Transaction codes explained: F = payment of exercise price or tax liability (shares surrendered/withheld); S = open-market sale.
- Filing timeliness: Report filed 2026-02-26 for transactions through 2026-02-24; no late filing indicated in this report.
Context The filing shows a cashless-type disposition (shares used to cover exercise/taxes) plus subsequent open-market sales. Dispositions by executives are common and do not, by themselves, indicate company performance or insider conviction; no purchase transactions were reported in this filing.