MCEVOY M KEVIN 4
Research Summary
AI-generated summary
Oceaneering (OII) Director M. Kevin McEvoy Sells Shares
What Happened
M. Kevin McEvoy, a director of Oceaneering International, reported an open-market sale of 25,678 shares on March 11, 2026. The shares were sold for a weighted average price of $35.27, resulting in proceeds of approximately $905,663. This was a sale (not a purchase), which is often routine insider liquidity rather than a direct signal of company prospects.
Key Details
- Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13). Filing appears timely.
- Shares sold: 25,678
- Price: Weighted average $35.27; individual trade prices ranged from $35.20 to $35.383 (see footnote).
- Proceeds: ~$905,663
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: The reported price is a weighted average; the filing notes multiple trades at prices between $35.20 and $35.383 and offers to provide per-trade details to the SEC or security holders upon request.
- No 10b5-1 plan, tax withholding, gift, or option exercise is indicated in this filing.
Context
Sales by directors can be for many personal or portfolio reasons and are common; purchases tend to carry more weight for signaling confidence. This report documents an open-market sale rather than a derivative transaction or award exercise, and the filing provides a price range rather than per-trade breakdown.