Hudson Daniel A. 4
4 · TIDEWATER INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) EVP & General Counsel Daniel Hudson Sells Shares for Taxes
What Happened
- Daniel A. Hudson, EVP & General Counsel of Tidewater Inc. (TDW), had a total of 4,123 shares withheld to satisfy tax obligations upon the vesting of restricted stock units. The withholdings occurred on March 23, 2026, in three tranches: 2,128 shares at $72.48 ($154,237), 629 shares at $72.48 ($45,590), and 1,366 shares at $72.48 ($99,008), for a combined value of approximately $298,835. This is a routine tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date: 2026-03-23
- Prices and amounts: 2,128 @ $72.48 ($154,237); 629 @ $72.48 ($45,590); 1,366 @ $72.48 ($99,008)
- Total shares withheld: 4,123; total value: ≈ $298,835
- Transaction code: F (shares withheld to cover taxes upon RSU vesting) — footnote F1 confirms tax withholding
- Shares owned after transaction: not reported in the provided filing excerpt
- Filing timeliness: Report filed on 2026-03-23 (same day as the transactions), so appears timely
Context
- These transactions are tax-withholding events tied to RSU vesting, effectively a cashless settlement to cover tax liabilities. They are routine administrative actions and do not necessarily indicate the insider's view of the company's prospects. Purchases or open-market sales are generally more informative about insider sentiment.
Insider Transaction Report
Form 4
Hudson Daniel A.
EVP & GENERAL COUNSEL
Transactions
- Tax Payment
Common Stock, $0.001 par value
[F1]2026-03-23$72.48/sh−2,128$154,237→ 55,224 total - Tax Payment
Common Stock, $0.001 par value
[F1]2026-03-23$72.48/sh−629$45,590→ 54,595 total - Tax Payment
Common Stock, $0.001 par value
[F1]2026-03-23$72.48/sh−1,366$99,008→ 53,229 total
Footnotes (1)
- [F1]Represents shares withheld to cover taxes due upon the vesting of restricted stock units.
Signature
/s/ Daniel A. Hudson|2026-03-23