Civeo Corp·4

May 27, 6:39 PM ET

Wall Timothy O 4

Research Summary

AI-generated summary

Updated

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.