Wall Timothy O 4
Research Summary
AI-generated summary
Civeo (CVEO) Director Timothy O. Wall Receives Restricted Award
What Happened
- Timothy O. Wall, a director of Civeo Corporation (CVEO), was granted 3,624 restricted common shares on May 27, 2026. The shares were awarded at an acquisition price of $0 (reporting code A) and represent a compensation grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-27
- Transaction type/code: Award / Acquisition (A)
- Shares granted: 3,624
- Price per share: $0.00 (no cash paid)
- Shares owned after transaction: Not specified in the provided filing
- Vesting/footnote: Award vests on the earlier of one year from May 27, 2026 or the next annual shareholders' meeting (per the Amended and Restated 2014 Equity Participation Plan)
- Filing timeliness: Reported on 2026-05-27 (no late filing indicated)
Context
- Restricted-share awards are commonly used for director compensation and generally vest over time; they are not immediate sales or purchases and do not by themselves signal a buy/sell decision. The grant was a zero-cost award to the director and will only become freely tradable (if at all) once vesting conditions and any tax withholding requirements are satisfied.