Beachy Karen H 4
Research Summary
AI-generated summary
Oceaneering (OII) Director Karen Beachy Sells 9,800 Shares
What Happened
Karen H. Beachy, a director of Oceaneering International, sold 9,800 shares of OII stock in an open-market transaction on February 25, 2026. The filing reports a weighted-average sale price of $37.41 per share, for proceeds of approximately $366,618. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-26 (filed within the typical 2-business-day reporting window).
- Reported price: weighted average $37.41; underlying trades occurred in the range $37.39–$37.49 (see footnote).
- Shares sold: 9,800; total proceeds: ~$366,618.
- Shares owned after transaction: not disclosed in this Form 4 filing.
- Footnote: the price is a weighted average; the issuer will provide a breakdown of how many shares were traded at each price in the $37.39–$37.49 range upon request.
Context
This is a straightforward open-market sale by a company director. Sales by insiders can be for many reasons (diversification, tax planning, liquidity) and do not by themselves indicate a change in company fundamentals. There were no option exercises, gifts, or 10% owner transactions reported in this filing.