Form 4: Traub Kenneth sold TDW
Traub Kenneth (Director at TIDEWATER INC) reported an open-market sale of 10,000 shares of TDW at an average $99.00, roughly $990,000, in a Form 4 filed 2026-09-03.
Past performance does not predict future results. Informational only, not investment advice.
Traub Kenneth (Director at TIDEWATER INC) reported an open-market sale of 10,000 shares of TDW at an average $99.00, roughly $990,000, in a Form 4 filed 2026-09-03.
Tidewater is acquiring Wilson Sons Ultratug for $500M, adding $220M revenue at 58% gross margin and $240M of subsidized Brazilian debt that lowers cost of capital. The company is uniquely positioned to capture demand from 38 new offshore rigs projected to be installed in 2027-2028, particularly as Iran tensions cool and oil demand recovers.
Rubio Samuel R (EVP, CFO & CAO at TIDEWATER INC) reported an open-market sale of 17,705 shares of TDW at an average $91.56, roughly $1,621,070, in a Form 4 filed 2026-08-14.
End of results.