ROBOTTI ROBERT 4
4 · TIDEWATER INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) Director Robert Robotti Gifts 10,000 Shares
What Happened
Robert Robotti, a director of Tidewater Inc. (TDW), reported a disposition of 10,000 shares of Tidewater common stock on March 17, 2026. The transaction is coded as a gift (G) and was for no consideration (price $0.00; reported value $0). As a gift, this is a non-market transfer and does not reflect an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-17; transaction type: Gift (code G).
- Price: $0.00 per share; total reported value: $0.
- Holdings noted in the filing: the footnote lists various related holdings that could be deemed beneficially owned — 146,970 shares directly owned by Robert Robotti and, combined with related entities and persons, a total of 2,229,739 shares (see footnote breakdown).
- Notable footnotes: F1 confirms the gift was for no consideration; F2 provides a breakdown of shares held by related advisory clients, partnerships, a foundation, and his spouse; F3 explains Robotti may be deemed to beneficially own certain shares through indirect interests and his spouse, but he disclaims beneficial ownership except to the extent of any pecuniary interest.
- Timeliness: The Form 4 was filed with the same report date (2026-03-17), indicating a timely filing.
Context
Gifts are non-sales and generally do not signal the same market sentiment as purchases or open-market sales. The filing also highlights that several related entities and family members hold significant positions; Robotti’s reported disposition was a transfer (gift) rather than a trade.
Insider Transaction Report
- Gift
Common Stock, $0.001 Par Value Per Share
[F1][F2][F3]2026-03-17−10,000→ 2,229,739 total(indirect: See Footnote)
Footnotes (3)
- [F1]The gift of 10,000 shares of the Common Stock, $0.001 par value per share (the "Common Stock") was for no consideration.
- [F2]This amount includes 114,395 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti & Company Advisors, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Robotti Advisors"), 1,143,117 shares of the Common Stock directly beneficially owned by The Ravenswood Investment Company, LP ("RIC"), 763,757 shares of the Common Stock directly beneficially owned by Ravenswood Investments III, L.P. ("RI"), 3,000 shares of the Common Stock directly beneficially owned by Suzanne and Robert Robotti Foundation, Inc. ("Robotti Foundation"), 58,500 shares of the Common Stock directly beneficially owned by Suzanne Robotti ("Su Robotti"), wife of Robert Robotti, and 146,970 shares of the Common Stock, directly beneficially owned by Robert Robotti.
- [F3]Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 through his indirect proportionate ownership of Robotti Advisors, as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI and through his marriage to Su Robotti. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.