ROBOTTI ROBERT 4
4 · TIDEWATER INC · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) Director Robert Robotti Receives RSU Award
What Happened Robert Robotti, a director of Tidewater Inc. (TDW), was granted 1,760 restricted stock units (RSUs) on June 16, 2026. The grant price shown on the Form 4 is $70.99 per share, for a total reported value of $124,942. This is an award (not an open-market purchase or sale).
Key Details
- Transaction date and price: Grant on 2026-06-16 at $70.99 per share; total value $124,942.
- Vesting/settlement: The RSUs vest on June 16, 2027, provided Mr. Robotti elects to defer settlement until the end of his service on the board (footnote F1).
- Shares owned / related holdings: Footnote F2 lists significant related holdings (including 132,172 shares directly held by Robert Robotti and additional shares held by affiliated entities and family). The filing’s footnotes imply indirect beneficial ownership through Robotti & Company and Ravenswood entities (see F2/F3).
- Timing: Transaction reported on Form 4 filed 2026-06-18 for a 2026-06-16 grant — filed within the normal two-business-day window; not shown as late.
- Filing disclaimers: Mr. Robotti disclaims beneficial ownership of some reported securities except to the extent of any pecuniary interest (footnote F3).
Context RSU grants are compensation awards tied to future vesting and do not represent an immediate market purchase or sale. Because settlement may be deferred until the end of board service, the shares may not be delivered until a later date. Such awards are common for directors and reflect compensation practices rather than an explicit buy/sell signal.
Insider Transaction Report
- Award
Common Stock, $0.001 Par Value Per Share
[F1][F2][F3]2026-06-16$70.99/sh+1,760$124,942→ 2,214,941 total(indirect: See Footnote)
Footnotes (3)
- [F1]Represents the grant of a Restricted Stock Unit Award that vests on June 16, 2027, provided the Reporting Person has elected to defer settlement of the shares until the end of his service on the Issuer's Board of Directors.
- [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 132,172 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.