Tidewater (NYSE: TDW) trims board as director exits after 2026

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Tidewater Inc. reported that Director Darron M. Anderson has informed the Board he will not stand for reelection at the company’s 2026 Annual Meeting of Stockholders. The company states his decision is not due to any disagreement regarding operations, policies, or practices.

Mr. Anderson will continue serving on the Board and on the Audit Committee and Safety & Sustainability Committee until his current term expires at the 2026 Annual Meeting. After his departure, the size of the Board of Directors will be reduced from eight to seven members.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

03/19/2026 - 05:00 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 17, 2026

Tidewater Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-6311

72-0487776

(State or other jurisdiction

of incorporation)

(Commission
File Number)

(IRS Employer

Identification No.)

842 West Sam Houston Parkway North, Suite 400

Houston, Texas

77024

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (713) 470-5300

Not Applicable

(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, $0.001 par value per share		TDW		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2).

Emerging Growth Company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Darron M. Anderson

On March 17, 2026, Darron M. Anderson notified the Board of Directors (the “Board”) of Tidewater Inc. (the “Company”) of his intent to not stand for reelection as a Director of the Board at the Company’s 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”). Mr. Anderson’s decision not to stand for reelection did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Anderson will continue his role as Director and member of the Audit Committee and Safety & Sustainability Committee of the Board until the expiration of his current term at the 2026 Annual Meeting.

In connection with Mr. Anderson’s resignation as a director, the size of the Board of Directors will be reduced from eight to seven Directors.

Item 9.01

Financial Statement and Exhibits

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TIDEWATER INC.

Date: March 19, 2026	By:	/s/ Daniel A. Hudson
		Daniel A. Hudson
		Executive Vice President, General Counsel and Corporate Secretary

Source: View Original Filing on SEC EDGAR

FAQ

What board change did Tidewater Inc. (TDW) disclose in this 8-K?

Tidewater Inc. disclosed that Director Darron M. Anderson will not stand for reelection at the 2026 Annual Meeting. He will serve out his current term, after which the Board will be reduced from eight to seven directors.

Did Darron M. Anderson cite any disagreement with Tidewater Inc. (TDW)?

The company states that Darron M. Anderson’s decision not to stand for reelection did not result from any disagreement with Tidewater Inc. on operations, policies, or practices. This indicates a voluntary transition rather than a dispute-related departure.

How long will Darron M. Anderson remain on Tidewater Inc.’s (TDW) board?

Darron M. Anderson will continue serving as a Director until the 2026 Annual Meeting of Stockholders. Until then, he will remain on the Audit Committee and the Safety & Sustainability Committee, fulfilling his current term responsibilities.

What happens to Tidewater Inc.’s (TDW) board size after Anderson’s term ends?

After Darron M. Anderson’s current term ends at the 2026 Annual Meeting, the size of Tidewater Inc.’s Board of Directors will be reduced from eight to seven members. This change reflects his departure without adding a replacement director.

Which board committees does Darron M. Anderson currently serve on at Tidewater (TDW)?

Darron M. Anderson currently serves on Tidewater Inc.’s Audit Committee and Safety & Sustainability Committee. He will continue in these committee roles until his director term expires at the 2026 Annual Meeting of Stockholders.

Filing Exhibits & Attachments

3 documents