Cougle Melissa 4

What Happened

• Melissa Cougle, a director of Tidewater Inc. (TDW), was issued 374 shares as an award/acquisition on April 1, 2026. The shares were valued at $83.44 each, for a total reported value of $31,207. The transaction is recorded as an acquisition (code A).

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
• Price per share: $83.44; Total value: $31,207.
• Transaction code: A (award/other acquisition).
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — Shares were issued to Ms. Cougle in lieu of certain cash compensation pursuant to her election under the Director Stock Election Program.
• No indication this was a market purchase or sale — it was compensation-related.

Context

• This was a compensation issuance (director election to receive stock instead of cash), a routine way companies pay non-employee directors. Such awards increase insider ownership but are not the same as a director buying shares on the open market and do not necessarily signal a change in the insider’s view of the company.