ROBOTTI ROBERT 4
4 · TIDEWATER INC · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) Director Robert Robotti Gifts 16,932 Shares
What Happened
Robert Robotti, a director of Tidewater Inc. (TDW), reported a gift of 16,932 shares of Tidewater common stock on June 12, 2026. The shares were disposed as a gift for no consideration (reported price $0.00), so there were no proceeds from the transaction. The filing also reports total beneficial ownership of 2,213,181 shares when aggregating holdings tied to Robotti and related entities.
Key Details
- Transaction date: 2026-06-12; Transaction type: Gift (code G); Price reported: $0.00.
- Shares gifted/disposed: 16,932; proceeds: $0.
- Shares reported beneficially owned following the transaction: 2,213,181 (per footnote breakdown).
- Footnotes: F1 confirms the gift was for no consideration. F2 breaks down the 2,213,181 shares across advisory clients, related investment partnerships, a foundation, spouse holdings, and direct holdings. F3 notes Robotti may be deemed to beneficially own certain shares via his roles and marriage and disclaims ownership except to the extent of any pecuniary interest.
- Filing timeliness: Reported the same day (2026-06-12); no late filing indicated.
Context: Gifts are not purchases and do not necessarily signal the insider's view on the stock. The disclosure indicates aggregated institutional and family-related holdings rather than an open-market sale by an executive.
Insider Transaction Report
- Gift
Common Stock, $0.001 Par Value Per Share
[F1][F2][F3]2026-06-12−16,932→ 2,213,181 total(indirect: See Footnote)
Footnotes (3)
- [F1]The gift of 16,932 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 130,412 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.