Hudson Daniel A. 4
Research Summary
AI-generated summary
Tidewater (TDW) EVP/General Counsel Daniel A. Hudson Sells 10,000 Shares
What Happened
- Daniel A. Hudson, EVP & General Counsel of Tidewater Inc. (TDW), disposed of 10,000 shares on February 11, 2026. The sale generated proceeds of approximately $700,093 based on a weighted average price of $70.01 per share. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-02-11.
- Price: weighted average sale price $70.01; execution prices ranged from $70.00 to $70.1050 across multiple trades.
- Shares sold: 10,000; proceeds ≈ $700,093.
- Shares owned after transaction: not specified in the provided Form 4.
- Footnotes: (1) Sale was effected pursuant to a Rule 10b5-1 trading plan adopted March 17, 2025. (2) Transaction executed in multiple trades; the filer will provide a breakdown of share counts and prices upon request by the SEC, issuer, or a security holder.
- Filing timeliness: Form 4 lists the report and transaction date as 2026-02-11; the filing appears to be timely based on those dates.
Context
- The sale was made under a pre-established Rule 10b5-1 plan, which typically means trades were scheduled in advance and are often routine rather than a direct signal of the insider’s current view of the stock. Sales by insiders are common and do not, by themselves, indicate company problems or confidence.