NAVARRE RICHARD A 4

What Happened Richard A. Navarre, Chairman of the Board of Civeo Corporation (CVEO), received an award of 1,232 restricted common shares on May 27, 2026. The grant is reported at $0.00 per share (total $0 reported) as a restricted-share portion of his annual retainer under Civeo’s Amended and Restated 2014 Equity Participation Plan. The shares vest on the earlier of one year from May 27, 2026 or the next annual shareholders’ meeting.

Key Details

• Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,232 restricted common shares; reported price $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Grant is the restricted common share portion of the annual retainer and vests the earlier of one year from the grant date or the next annual meeting (see footnote F1).
• No tax withholding, sale, or exercise reported in this filing.

Context This was a compensation-related equity award to a director (routine board retainer), not an open-market purchase or sale. Such grants are common for board service and reflect compensation mechanics rather than an explicit buy or sell signal by management.