Daniel A. Hudson, Executive Vice President, Chief Legal Officer and Corporate Secretary of Tidewater Inc, filed a Form 4 on August 11, 2026, reporting the sale of 5,000 shares of Tidewater common stock on August 10, 2026.

Key Highlights

  • Shares sold: Daniel A. Hudson disposed of 5,000 shares of Tidewater common stock on August 10, 2026.
  • Sale price: The shares were sold at $89.01 per share.
  • Remaining ownership: Following the transaction, Hudson directly owns 48,229 shares of common stock.
  • Transaction code: The filing records the transaction as code "S" (open-market sale), disposed of (D).
  • 10b5-1 plan: According to the filing, the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Hudson on March 17, 2026.

Tidewater CLO Hudson Reports Common Stock Sale via Pre-Planned Trading Program

According to the Form 4 filed with the U.S. Securities and Exchange Commission on August 11, 2026, Daniel A. Hudson, who serves as Executive Vice President, Chief Legal Officer and Corporate Secretary of Tidewater Inc (NYSE:TDW), reported a sale of 5,000 shares of the company's common stock, par value $0.001 per share. The transaction occurred on August 10, 2026, at a price of $89.01 per share.

The filing notes that the sale was carried out under a Rule 10b5-1 trading plan that Hudson adopted on March 17, 2026. Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material non-public information. The filing indicates this transaction satisfies the affirmative defense conditions of Rule 10b5-1(c), as noted by the checked box on the form.

Following the reported sale, the filing discloses that Hudson beneficially owns 48,229 shares of Tidewater common stock directly. No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Daniel A. Hudson on August 11, 2026, and reflects a filing by one reporting person.

What Was Disclosed

The filing discloses a single open-market sale of 5,000 Tidewater common shares by EVP and CLO Daniel A. Hudson on August 10, 2026, at $89.01 per share, executed under a Rule 10b5-1 plan adopted March 17, 2026, leaving Hudson with 48,229 shares directly held.