ROBOTTI ROBERT 4

What Happened
Robert Robotti, a director of Tidewater Inc. (TDW), was issued 374 unrestricted shares of common stock as an award (Transaction code A) on April 1, 2026. The shares were valued at $83.44 each for a total of $31,207. The award was issued in lieu of certain cash compensation under Tidewater’s Director Stock Election Program.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (timely filing).
• Price per share: $83.44; total value: $31,207.
• Security: Common Stock ($0.001 par), unrestricted (per footnote).
• Shares reported in filing (footnote summary): the Form lists related holdings that include 147,344 shares directly owned by Robert Robotti prior to this grant and multiple affiliated holdings; adding the 374-share award would bring the directly held total to 147,718 and the combined holdings referenced in the footnote to 2,230,487 shares (per filing totals).
• Footnotes: F1 explains the award was issued in lieu of cash under the Director Stock Election Program. F2/F3 describe other shares tied to Robotti via advisory clients, partnerships, family, and indirect ownership; Robotti disclaims beneficial ownership except to the extent of any pecuniary interest.

Context
This was an award issued instead of cash compensation to a director — a common form of non-cash director pay and not a market purchase. Because many of the reported shares are held through affiliated entities and advisory client accounts, the filing clarifies how beneficial ownership is attributed for reporting rules; it does not necessarily indicate an additional personal buy or sell decision by the director.