Shareholders Approve 2.25 Million Share Increase for Stock Incentive Plan
TDW sits 47% above its 52-week low of $44.11 on elevated volume (2.5× avg).
Summary
Tidewater Inc. shareholders approved an amendment to the company's stock incentive plan, authorizing an additional 2.25 million shares for future issuance, representing a potential dilution of over 4.5%.
Key Events · Financing and Capital Events · TDW
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Stock Incentive Plan Amendment Approved
Shareholders approved an amendment to the 2021 Stock Incentive Plan, increasing the maximum number of shares available for issuance by 2,250,000. This represents a potential dilution of approximately 4.52% based on current outstanding shares.
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Annual Meeting Results Reported
The company held its 2026 annual meeting, where shareholders also elected seven directors, approved executive compensation on an advisory basis, and ratified PricewaterhouseCoopers LLP as the independent accounting firm for 2026.
Analysis · TDW · Energy & Transportation
Shareholders have formally approved an amendment to the company's 2021 Stock Incentive Plan, increasing the number of shares available for issuance by 2,250,000. This approval, which was previously proposed in proxy filings on April 28, 2026, represents a potential dilution of approximately 4.52% if all authorized shares were issued. While intended for employee compensation and retention, this increase adds to the potential future share count.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 31% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. 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 $64.67 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $44.11 to $93.13. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.