[144] Tidewater, Inc. SEC Filing
Tidewater, Inc. (TDW) — Form 144 filing: The notice discloses a proposed insider sale of 56,343 common shares through Charles Schwab, valued at $3.46 million based on the market price indicated in the form. The seller intends to execute the trade on or after 08 Aug 2025 on the NYSE. These shares represent roughly 0.11 % of Tidewater’s 49.49 million shares outstanding.
The shares were acquired on 08 Mar 2024 via equity-compensation from the issuer. In the past three months the same individual, David Darling, already sold 25,127 shares for $2.74 million. No other financial metrics or corporate events are included in this filing.
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Insights
TL;DR – Insider plans to sell $3.5 M in TDW stock (0.11 % float); modest size but extends recent selling trend.
The Form 144 signals continued disposition by David Darling, who sold 25 k shares in May and now intends to sell 56 k more in August. While the dollar amount is immaterial to liquidity, recurring insider sales can pressure sentiment, especially without offsetting purchases or corporate disclosures. The sale stems from equity compensation, suggesting profit-taking rather than operational concern, yet investors typically view insider selling as a mild negative until contextualized by guidance or buybacks. Impact: limited financially but potentially negative for perception.