Dodson Bradley J 4

What Happened

• Bradley J. Dodson, President & CEO and a director of Civeo Corp (CVEO), received a grant of 25,982 phantom shares (reported as a derivative award) on March 5, 2026. The Form 4 reports an acquisition price of $0.00 (code A — award/grant), reflecting a compensatory Phantom Share Award rather than an open‑market purchase or sale.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 6, 2026 (timely filing).
• Transaction type/code: Award/Grant (A); reported price $0.00; total reported dollar value: $0 on the Form 4 (common for derivative/compensatory awards).
• Shares granted: 25,982 phantom shares.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Award is a Phantom Share Award under Civeo’s 2014 Equity Participation Plan that vests in equal installments on each of the first three anniversaries of March 5, 2026.
• No 10b5-1 plan, tax‑withholding sale, or immediate sale of shares is indicated.

Context

• Phantom share awards are a form of compensation that typically entitle the holder to receive shares or cash equivalent upon vesting; they do not represent immediate open‑market buying or selling. This grant signals standard executive compensation rather than an active market bet by the insider.