Officer Files Intent to Sell Nearly $1M in Shares Amidst Positive Company News
TDW has more than doubled off its 52-week low of $31.17.
Summary
Officer Daniel A. Hudson filed a Form 144 indicating intent to sell 11,825 shares of common stock, valued at approximately $954,514, continuing a pattern of insider sales amidst recent positive company news.
Key Events · Ownership and Investor Activity · TDW
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Officer Files Intent to Sell Shares
Daniel A. Hudson, an Officer, filed a Form 144 to sell 11,825 shares of Tidewater common stock.
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Proposed Sale Valued at $954,514
The shares intended for sale have an approximate market value of $954,514.
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Continues Pattern of Insider Sales
This filing follows previous sales by Mr. Hudson, who disposed of 25,000 shares for $1,862,604 in the past three months.
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Timing Amidst Positive Developments
This insider disposition occurs shortly after the company reported strong financial results, announced a new $500 million share repurchase program, and detailed a major $500 million acquisition.
Analysis · TDW · Energy & Transportation
This Form 144 indicates Officer Daniel A. Hudson's intent to sell approximately $954,514 worth of common stock. While the proposed sale represents a small percentage of the company's overall market capitalization, it is a significant dollar amount for an individual and continues a pattern of share dispositions by Mr. Hudson, following previous sales in February. This insider selling occurs shortly after the company announced strong financial results, a new $500 million share repurchase program, and a major $500 million acquisition, which could be interpreted as the officer taking profits amidst positive corporate developments.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. 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, TDW was trading at $80.20 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4B. The 52-week trading range was $31.17 to $88.99. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.