Traub Kenneth 4
4 · TIDEWATER INC · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) Director Kenneth Traub Receives RSU Award
What Happened
Kenneth Traub, a director of Tidewater Inc. (TDW), received a grant of 1,760 Restricted Stock Units (reported as an acquisition at $0) on June 16, 2026. The award is recorded as a grant/award (transaction code A) and does not represent an open-market purchase or sale.
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (appears filed within the standard two-business-day window).
- Award: 1,760 RSUs; reported price $0 (standard for RSU grants — not a cash purchase).
- Vesting/settlement: RSUs vest June 16, 2027. Per the footnote, settlement will be deferred to June 16, 2028 if the reporting person elected deferred settlement.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing type/code: Form 4; transaction code A = grant/award.
Context
Restricted Stock Units are a form of compensation that convert to common shares upon vesting (or to cash depending on plan terms). Grants are routine compensation for directors and executives and do not by themselves indicate buying or selling sentiment. The footnote clarifies a deferred settlement election, meaning the actual issuance of shares could occur a year after vesting.
Insider Transaction Report
- Award
Common Stock, $0.001 par value
[F1]2026-06-16+1,760→ 73,521 total
Footnotes (1)
- [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 second anniversary of the date of grant (i.e., June 16, 2028).