Traders should monitor for potential downward pressure on sentiment, especially if no offsetting buy-side activity follows. The timing and concentration of sales among top financial and legal leadership may signal caution ahead of earnings or strategic developments.
Price Chart
Executive Summary
Two senior executives at Tidewater Inc. — the EVP & General Counsel and the CFO — sold shares in a coordinated open-market transaction, realizing a combined $2.22 million in proceeds. The sales represent a notable insider divestment by C-suite executives, with the CFO accounting for the majority of the volume.
Key Financial Metrics
Key Facts
- EVP & General Counsel Hudson Daniel A. sold 5,195 shares for $418,509.20 at $80.56 per share on March 5, 2026.
- CFO Samuel R. Rubio sold 22,461 shares for $1,798,003.05 at $80.05 per share on the same day.
- Total proceeds from the cluster: $2,216,512.25 in open-market sales.
- Both transactions were reported under Form 4 as open-market sales (code 'S'), indicating deliberate monetization of holdings.
- Total value represents ~0.055% of Tidewater’s $4.0B market cap — modest but concentrated among top executives.
Financial Impact
$2.22 million in insider selling by two C-suite executives
Risk Factors
- Perception of insider pessimism, particularly given the CFO's significant sale.
- Potential for follow-on selling or lack of confidence in near-term stock appreciation.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-TDW-1772838066035 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | 8-K | $83.93 | awaiting T+60 | — | $86.07 (+2.55%) |
Sep 3, 2026 7w ago | Insider Cluster | $94.26 | awaiting T+60 | — | $86.07 (−8.69%) |
Aug 14, 2026 10w ago | Insider Cluster | $93.97 | awaiting T+60 | — | $86.07 (−8.41%) |
Jun 18, 2026 18w ago | 8-K | $66.35 $91.79 | ▲ +38.34% | ▲ +36.60% | $86.07 (+29.72%) |
Mar 5, 2026 33w ago | Insider Cluster | $80.28 $74.56 | ▲ +7.13% | ▲ +18.43% | $86.07 (−7.21%) |
US Market Status
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