Hudson Daniel A. 4

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.