BLANKENSHIP C RONALD 4

What Happened C. Ronald Blankenship, a director of Civeo Corporation (CVEO), was granted 3,624 restricted common shares on May 27, 2026. The Form 4 reports the acquisition price as $0.00 (transaction code A for award/grant), meaning the shares were issued as a compensation award rather than purchased for cash. The filing does not state a market value or total dollar consideration for the grant.

Key Details

• Transaction date: 2026-05-27; filing date (Form 4): 2026-05-27 (timely filed).
• Transaction type/code: Award/Grant (A).
• Shares granted: 3,624 restricted common shares; acquisition price reported as $0.00.
• Shares owned after the transaction: not disclosed in the provided filing details.
• Footnote: Award made under the Amended and Restated 2014 Equity Participation Plan; vesting occurs on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting (per footnote F1).
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context Restricted-share awards are a common form of director compensation and generally limit the recipient's ability to sell shares until vesting conditions are met. This grant reflects compensation, not an open-market purchase or sale, and should be interpreted as an issuance event rather than a direct signal of insider buying or selling activity.