Rubio Samuel R 4

What Happened

• Samuel R. Rubio, EVP, Chief Financial Officer & Chief Accounting Officer of Tidewater Inc., had a total of 4,789 shares withheld to satisfy tax obligations upon the vesting of restricted stock units (RSUs). The transactions occurred on 2026-03-23 at $72.48 per share, with aggregate proceeds/value of approximately $347,107 (line items: 1,587 @ $72.48 = $115,026; 2,472 @ $72.48 = $179,171; 730 @ $72.48 = $52,910). These are dispositions by withholding for taxes (transaction code F), not open-market sales or new purchases.

Key Details

• Transaction date and price: 2026-03-23 at $72.48 per share for all withheld lots.
• Total shares withheld/disposed: 4,789 shares; total value ≈ $347,107.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld to cover taxes due upon vesting of restricted stock units.
• Filing: Report filed 2026-03-23 (same date as the transactions), suggesting timely reporting.

Context

• These dispositions are tax-withholding transactions (cashless settlement) tied to RSU vesting, a routine administrative step that reduces reported holdings but does not necessarily indicate a decision to sell shares on the open market.
• For retail investors, purchases are typically more indicative of insider conviction; tax withholdings are common and should be interpreted as settlement of compensation tax obligations rather than active selling for investment reasons.