Hudson Daniel A. 4
4 · TIDEWATER INC · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) EVP Daniel A. Hudson Sells 15,000 Shares
What Happened Daniel A. Hudson, EVP & General Counsel of Tidewater Inc. (TDW), sold 15,000 shares of Tidewater stock on February 23, 2026. The weighted-average sale price was $77.50, producing gross proceeds of approximately $1,162,500. This was a sale (not a purchase) and therefore typically regarded as a liquidity/portfolio-management event rather than a direct bullish signal.
Key Details
- Transaction date: February 23, 2026; filing date: February 23, 2026 (appears timely).
- Price(s): executed in multiple trades at prices ranging $77.50–$77.53; weighted average reported as $77.50.
- Shares sold: 15,000; gross proceeds ≈ $1,162,500.
- Shares owned after transaction: not disclosed in the information provided on this filing.
- Notable footnotes:
- The sale was effected under a Rule 10b5-1 trading plan adopted by Hudson on March 17, 2025 (pre-planned sale).
- Reporting person offers to provide detailed per-trade quantities and prices to SEC staff, issuer, or a security holder on request.
Context Sales executed under a Rule 10b5-1 plan are prearranged and generally reflect planned dispositions rather than immediate views on the company’s near-term prospects. For retail investors, purchases are often more informative about insider conviction; routine, preplanned sales like this are common for liquidity or diversification.
Insider Transaction Report
- Sale
Common Stock, $0.001 par value
[F1][F2]2026-02-23$77.50/sh−15,000$1,162,500→ 50,986 total
Footnotes (2)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan, adopted by the reporting person on March 17, 2025.
- [F2]The transaction was executed in multiple trades at prices ranging from $77.50 to $77.53. The price above reflects the weighted average sale price. Upon request from the SEC staff, the issuer, or a security holder of the issuer, the reporting person hereby undertakes to provide the requesting party with full information regarding the number of shares and prices at which the transaction was effected.