Director Sells Nearly $1 Million in Company Stock
OII has more than doubled off its 52-week low of $15.46.
Summary
A director of Oceaneering International Inc. sold 25,678 shares of common stock for over $905,000 in an open market transaction.
Key Events · Ownership and Investor Activity · OII
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Director Sells Shares
M. Kevin McEvoy, a Director, disposed of 25,678 shares of Oceaneering International Inc. common stock.
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Significant Proceeds Generated
The open market sale generated $905,663.06 at an average price of $35.27 per share on March 11, 2026.
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Reduced Holdings
Following this transaction, the director's direct holdings in the company stand at 130,404 shares.
Analysis · OII · Energy & Transportation
This Form 4 filing reports a significant open market sale by a director, M. Kevin McEvoy, divesting nearly $1 million worth of shares. While the transaction represents a small percentage of the company's overall market capitalization, it is a substantial personal sale for a director and contributes to a broader pattern of insider distribution observed over the last 90 days. Investors may view this as a signal of reduced conviction, though it's important to note that directors often sell shares for personal financial planning reasons.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OII was trading at $34.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $15.46 to $39.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.