Cougle Melissa 4

What Happened Melissa Cougle, a director of Tidewater Inc. (TDW), was granted 1,760 restricted stock units (RSUs) on June 16, 2026. The Form 4 reports the award at a price of $0.00 (typical for equity grants); no cash was paid. This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (timely filing).
• Transaction type/code: A — Award/Grant of 1,760 RSUs at $0.00 per share.
• Vesting/settlement: RSUs vest on June 16, 2027. Footnote states settlement may be deferred until the end of her service on the Board if she has elected deferral.
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: appears timely (filed within two business days).

Context RSU grants are a form of compensation and do not represent an open-market purchase or sale. The award vests one year from the grant date; if settlement is deferred, actual shares may not be delivered until the director leaves the board. Such grants are routine for directors and do not by themselves indicate a buy/sell signal.