Hudson Daniel A. 4
Research Summary
AI-generated summary
Tidewater (TDW) EVP & General Counsel Daniel A. Hudson Sells 5,195 Shares
What Happened
Daniel A. Hudson, EVP & General Counsel of Tidewater Inc. (TDW), sold 5,195 shares in an open-market transaction on March 5, 2026. The weighted-average sale price was $80.56, yielding proceeds of roughly $418,509. The sales were executed in multiple trades at prices between $80.50 and $80.83.
Key Details
- Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-06) — filing appears timely.
- Transaction type: Sale (open market), 5,195 shares disposed.
- Weighted-average price: $80.56; trade price range per footnote: $80.50–$80.83.
- Proceeds: Approximately $418,509.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Reporting person will provide, upon request, full details on the number of shares and prices for the multiple trades.
- No 10b5-1 plan or tax-withholding notation is indicated in this filing.
Context
This was a sale (not a purchase). Insider sales are common for liquidity or diversification and do not, by themselves, indicate management’s view of the company’s prospects. Retail investors should combine insider activity with broader research before drawing conclusions.