TIDEWATER INC shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2026-06-16 meeting.
“Proposal 4: Ratification of Selection of Independent Registered Public Accounting Firm Proposal 4 was a proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. This proposal was approved. Votes For Votes Against Abstentions 43,799,406 730,093 17,332”
Shareholder Votes
TIDEWATER INC shareholders approved Approval of the First Amendment to the Company’s Amended and Restated 2021 Stock Incentive Plan at the 2026-06-16 meeting.
“Proposal 3: Approval of the First Amendment to the Company’s Amended and Restated 2021 Stock Incentive Plan Proposal 3 was a proposal to approve the First Amendment to the Company’s Amended and Restated 2021 Stock Incentive Plan to increase the maximum number of shares available for issuance thereunder by 2,250,000. This proposal was approved. Votes For Votes Against Abstentions Broker Non-Votes 38,986,062 1,935,390 22,718 3,602,661”
Shareholder Votes
TIDEWATER INC shareholders approved Advisory Vote on Executive Compensation at the 2026-06-16 meeting.
“Proposal 2: Advisory Vote on Executive Compensation Proposal 2 was an advisory vote on the executive compensation of our named executive officers as disclosed in the proxy statement for the Annual Meeting. This advisory vote was approved. Votes For Votes Against Abstentions Broker Non-Votes 40,548,175 362,605 33,390 3,602,661”
Shareholder Votes
TIDEWATER INC shareholders approved Election of Seven Directors at the 2026-06-16 meeting.
“Proposal 1: Election of Seven Directors Each of the seven individuals listed below was elected at the Annual Meeting to serve a one-year term on the Company’s Board of Directors. Director Nominee Votes For Votes Against Abstentions Broker Non-Votes Melissa Cougle 40,703,580 80,892 159,698 3,602,661 Dick H. Fagerstal 39,533,810 1,388,557 21,803 3,602,661 Quintin V. Kneen 40,741,589 184,358 18,223 3,602,661 Louis A. Raspino 40,600,223 184,248 159,699 3,602,661 Robert E. Robotti 39,967,442 959,888 16,840 3,602,661 Kenneth H. Traub 38,776,714 2,145,629 21,827 3,602,661 Lois K. Zabrocky 40,707,753 76,858 159,559 3,602,661”
Earnings Releases
TIDEWATER INC reported financial results for the quarter ended March 31, 2026.
“On May 4, 2026, the Company issued an earnings release announcing its financial results for the quarter ended March 31, 2026.”
Material Agreements
TIDEWATER INC entered into Sale and Purchase Agreement with Wilson Sons S.A., Ultranav International II, S.A. and Remolcadores Ultratug Limitada (collectively, the "Sellers") valued at $500,000,000 (effective 2026-02-22).
“On February 22, 2026, Tidewater Inc., a Delaware corporation (the “ Company ”), entered into a Sale and Purchase Agreement (the “ Sale and Purchase Agreement ” and, together with the other related documents, the “ Transaction Documents ”) between Wilson Sons S.A., Ultranav International II, S.A. and Remolcadores Ultratug Limitada (collectively, the “ Sellers ”),”
Debt Financings
TIDEWATER INC amended revolving credit of Existing $25 million super senior secured revolving credit facility terminated with DNB Bank ASA, New York Branch at Not provided maturing Not provided.
“The New Credit Agreement will replace the Company’s existing $25 million super senior secured revolving credit facility provided by that certain Credit Facility Agreement, dated November 16, 2021, by and among the Company, DNB Bank ASA, New York Branch, as facility agent, Nordic Trustee AS, as security trustee, DNB Markets, Inc. as bookrunner and mandated lead arranger, and the lenders party thereto (the “ Existing Credit Facility ”), which has been terminated in connection with the financing transactions described in this Current Report.”
Debt Financings
TIDEWATER INC incurred revolving credit of $250,000,000 with DNB Bank ASA, New York Branch, as facility agent and security trustee at Not provided maturing Not provided.
“On July 7, 2025, the Company and the Guarantors entered into a credit agreement with DNB Bank ASA, New York Branch, as facility agent and security trustee, and a syndicate of lenders (the “ New Credit Agreement ”) providing for a new $250 million senior secured revolving credit facility (the “ New Revolving Credit Facility ”).”
Debt Financings
TIDEWATER INC incurred senior notes of $650,000,000 with Wilmington Trust, National Association, as trustee at 9.125% maturing July 15, 2030.
“On July 7, 2025, Tidewater Inc., a Delaware corporation (the “ Company ”), certain of the Company’s subsidiaries (the “ Guarantors ”), and Wilmington Trust, National Association, as trustee (the “ Trustee ”), entered into an indenture (the “ Indenture ”), pursuant to which the Company issued $650,000,000 in aggregate principal amount of the Company’s 9.125% Senior Notes due 2030 (the “ 2030 Notes ”).”
Earnings Releases
TIDEWATER INC reported financial results for the quarter ended March 31, 2024.
“On May 2, 2024, the Company issued an earnings release announcing its financial results for the quarter ended March 31, 2024. The press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference as if fully set forth under this item.”
Earnings Releases
TIDEWATER INC reported financial results for quarter ended December 31, 2023.
“On February 29, 2024, the Company issued an earnings release announcing its financial results for the quarter ended December 31, 2023.”
Earnings Releases
TIDEWATER INC reported financial results for the quarter ended September 30, 2023.
“On November 6, 2023, the Company issued an earnings release announcing its financial results for the quarter ended September 30, 2023.”
Earnings Releases
TIDEWATER INC reported financial results for the quarter ended June 30, 2023.
“On August 7, 2023, the Company issued an earnings release announcing its financial results for the quarter ended June 30, 2023.”
M&A Transactions
TIDEWATER INC completed an acquisition involving Solstad Offshore ASA subsidiaries for approximately $580.0 million (closed 2023-07-05).
“On July 5, 2023, the Tidewater Parties and Sellers completed the Solstad Acquisition in exchange for an aggregate cash purchase price of approximately $580.0 million”
Shareholder Votes
TIDEWATER INC shareholders approved Proposal 3: Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-06-26 meeting.
“Proposal 3: Ratification of Selection of Independent Registered Public Accounting Firm Proposal 3 was a proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. This proposal was approved. Votes For Votes Against Abstentions 43,112,240 33,657 178,064”
Shareholder Votes
TIDEWATER INC shareholders approved Proposal 2: Advisory Vote on Executive Compensation at the 2023-06-26 meeting.
“Proposal 2: Advisory Vote on Executive Compensation Proposal 2 was an advisory vote on executive compensation as disclosed in the proxy materials for the Annual Meeting. This advisory vote was approved. Votes For Votes Against Abstentions Broker Non-Votes 37,008,516 356,236 277,261 5,681,948”
Shareholder Votes
TIDEWATER INC shareholders approved Proposal 1: Election of Eight Directors at the 2023-06-26 meeting.
“Proposal 1: Election of Eight Directors Each of the eight individuals listed below was elected at the Annual Meeting to serve a one-year term on the Company’s Board of Directors. Director Nominee Votes For Votes Against Abstentions Broker Non-Votes Darron M. Anderson 36,887,655 554,174 200,184 5,681,948 Melissa Cougle 37,066,694 380,738 194,581 5,681,948 Dick H. Fagerstal 36,333,699 1,108,392 199,922 5,681,948 Quintin V. Kneen 37,395,294 47,960 198,759 5,681,948 Louis A. Raspino 37,020,283 423,953 197,777 5,681,948 Robert E. Robotti 37,366,455 76,492 199,066 5,681,948 Kenneth H. Traub 35,251,985 2,184,183 208,845 5,681,948 Lois K. Zabrocky 37,389,100 56,359 196,554 5,681,948”
Earnings Releases
TIDEWATER INC reported financial results for the quarter ended March 31, 2023.
“On May 8, 2022, the Company issued an earnings release announcing its financial results for the quarter ended March 31, 2023.”
Dick Fagerstal was appointed as Chairman of the Board at TIDEWATER INC.
“the Board plans to appoint Dick Fagerstal, who currently serves as the Lead Independent Director and Chair of the Audit Committee of the Board, as Chairman of the Board”
Larry T. Rigdon retired as Chairman of the Board at TIDEWATER INC.
“On April 26, 2023, Larry T. Rigdon, Chairman of the Board of Directors (the “ Board ”) of Tidewater Inc. (the “ Company ”), notified the Company of his decision to retire from Board, and as such, not to stand for reelection”
Earnings Releases
TIDEWATER INC reported financial results for quarter ended December 31, 2022.
“On February 27, 2023, the Company issued an earnings release announcing its financial results for the quarter ended December 31, 2022.”
Material Agreements
TIDEWATER INC entered into Warrant Repurchase Agreement with Banyan Overseas Limited (effective 2022-11-08).
“on November 8, 2022, the Company entered into a Warrant Repurchase Agreement (the “Warrant Repurchase Agreement”) between the Company and Banyan Overseas Limited (“Banyan”)”
Material Agreements
TIDEWATER INC entered into Underwriting Agreement with Morgan Stanley & Co. LLC valued at total gross proceeds to the Company of approximately $120,634,398 (effective 2022-11-08).
“On November 8, 2022, Tidewater Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) between the Company and Morgan Stanley & Co. LLC (the “Underwriter”) with respect to the offer and sale of 3,987,914 shares”
Earnings Releases
TIDEWATER INC reported financial results for the quarter ended September 30, 2022.
“On November 3, 2022, the Company issued an earnings release announcing its financial results for the quarter ended September 30, 2022.”
Melissa Cougle was appointed as Director at TIDEWATER INC.
“On January 4, 2022, the board of directors (the “Board”) of Tidewater Inc. (the “Company”) voted, on the recommendation of its Nominating and Corporate Governance Committee, to appoint Melissa Cougle to the Board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.