Middleton Piers Dayer 4
4 · TIDEWATER INC · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Tidewater (TDW) COO Middleton Dayer Withholds Shares for Taxes
What Happened Middleton Piers Dayer, Chief Operating Officer of Tidewater Inc. (TDW), had a total of 2,734 shares withheld to cover taxes upon the vesting of restricted stock units. The transactions occurred on 2026-03-23 at a per-share price of $72.48, with three withholding events: 347 shares ($25,151), 1,408 shares ($102,052), and 979 shares ($70,958), totaling roughly $198,161. These were tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction date: 2026-03-23
- Price per share: $72.48
- Shares withheld: 347; 1,408; 979 (total 2,734)
- Total value withheld: ~$198,161
- Transaction code/footnote: F — shares withheld to cover taxes due upon RSU vesting (Footnote F1)
- Shares owned after the transaction: not disclosed in this filing
- Filing timeliness: report filed same day (no late filing indicated)
Context Tax-withholding dispositions are a routine administrative step when restricted stock units vest: the company retains (or “withholds”) shares to satisfy the insider’s tax obligations. These transactions are generally not read as bullish or bearish signals because no additional cash was received or open-market shares sold.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.001
[F1]2026-03-23$72.48/sh−347$25,151→ 31,738 total - Tax Payment
Common Stock, par value $0.001
[F1]2026-03-23$72.48/sh−1,408$102,052→ 30,330 total - Tax Payment
Common Stock, par value $0.001
[F1]2026-03-23$72.48/sh−979$70,958→ 29,351 total
Footnotes (1)
- [F1]Represents shares withheld to cover taxes due upon the vesting of restricted stock units.