Company: TDDWW
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024640
Chunk: 15

Company: TIDEWATER INC
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 3
Chunk 15
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 not have a specified expiration date.

Common stock repurchase activity for the three months ended June 30, 2025 was as follows:

      Maximum Dollar 

      Value of Shares 

      Total Number of 

      that May Yet Be 

      Total 

      Shares Purchased 

      Purchased 

      Number of 

      Average 

      as Part of Publicly 

      Under Plans or 

      Shares 

      Price Paid 

      Announced Plans 

      Programs 

      Period 

     Repurchased

     Per Share

      or Programs 

      (in thousands) 

      April 1, 2025 - April 30, 2025 

     1,379,723

     $
     36.80

     1,379,723

     $
     297

      May 1, 2025 - May 31, 2025 

     —

     —

     —

     297

      June 1, 2025 - June 30, 2025 

     —

     —

     —

     297

      Total 

     1,379,723

     $
     36.80

     1,379,723

All share repurchases were made using cash resources and under terms intended to qualify for exemption under Rule 10b-18. Our share repurchases may occur through open market purchases or pursuant to a Rule 10b5-1 trading plan. The above table excludes any shares withheld to settle employee tax withholdings related to the vesting/exercise of stock awards.

   ITEM 5.       OTHER INFORMATION
    
   During the three months ended  June 30, 2025, none of our officers or directors adopted or terminated a “Rule 10b5-1 trading Arrangement” or a “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) and (c), respectively, of Regulation S-K, for the purchase or sale of our securities.

       48

ITEM 6.       EXHIBITS

      Exhibit Number 
        
      Description 

     10.1*
      
     Transition and Separation Agreement and General Release of Claims, dated June 10, 2025, between Tidewater Inc. and David Darling.

      31.1* 
        
      Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-