ROBOTTI ROBERT 4
Research Summary
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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.