ROBOTTI ROBERT 4
Research Summary
AI-generated summary
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.