RASPINO LOUIS 4

What Happened Louis Raspino, a director of Tidewater Inc. (TDW), was granted a Restricted Stock Award for 1,760 shares on June 16, 2026. The grant was recorded as an acquisition (code A) at $0.00 per share (no purchase price). The award vests on June 16, 2027 per the filing footnote.

Key Details

• Transaction date: 2026-06-16; Filing date (Form 4): 2026-06-18 (filed within the standard 2-business-day window).
• Transaction type/code: Restricted Stock Award (A). Price reported: $0.00 per share.
• Shares granted: 1,760 shares. Total cash paid by insider: $0.00.
• Vesting: Footnote F1 states the award vests on 2027-06-16.
• Shares owned after transaction: Not provided in the supplied filing details.
• No indication of a 10b5-1 plan, tax withholding, or late filing in the provided data.

Context A restricted stock award is a compensation grant that typically cannot be sold until it vests and may be forfeited if vesting conditions aren’t met. Such grants are common for directors and are compensation-driven rather than a direct signal of buying or selling intent. Because this is an award (not an open-market purchase or sale), it should be viewed primarily as part of director compensation.