ROBOTTI ROBERT sold TDW

May 9, 2024 · Form 4 insider transaction

ROBOTTI ROBERT sold 94,152 shares of Tidewater Inc. at $107.21 per share, a transaction worth $10.09M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
94,152
Price
$107.21
Total value
$10.09M
Role
SecurityCommon Stock, $0.001 Par Value Per Share
Transaction codeS: Open-market sale
Transaction dateMay 9, 2024
Filing dateMay 10, 2024
Shares owned after2,759,948
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 through his indirect proportionate ownership of Robotti Advisors, as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI and through his marriage to Su Robotti. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.; This amount includes 108,061 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,505,265 shares of the Common Stock directly beneficially owned by RIC, 982,457 shares of the Common Stock directly beneficially owned by RI, 3,000 shares of the Common Stock directly beneficially owned by Robotti Foundation, 33,500 shares of the Common Stock directly beneficially owned by Su Robotti, wife of Robert Robotti, and 127,665 shares of the Common Stock, directly beneficially owned by Robert Robotti.

View the original Form 4 on SEC EDGAR