March 18, 2025 · Form 4 insider transaction
Rubio Samuel R bought 22,558 shares of TIDEWATER INC at $41.33 per share, a transaction worth $932.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Shares earned upon vesting and settlement of Performance Restricted Stock Units ("PRSUs") awarded on March 10, 2022, that measured the relative TSR of Tidewater Inc. (the "Issuer") against a predetermined peer group for the three-year period beginning January 1, 2022 through December 3, 2024. On March 18, 2025, the Compensation & Human Capital Committee of the Issuer certified the relative TSR performance at the maximum level, resulting in all of the PSUs originally granted becoming earned at 200% of the target amount granted.