Corporate ActionJun 18, 2026, 04:27 PM
Tidewater Stockholders Approve 2.25M Share Increase to Incentive Plan
AI Summary
Tidewater Inc. stockholders approved the First Amendment to the 2021 Stock Incentive Plan, increasing the maximum number of shares available for issuance by 2,250,000. This approval occurred at the company's Annual Meeting held on June 16, 2026. Stockholders also re-elected seven directors, approved executive compensation on an advisory basis, and ratified PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2026.
Key Highlights
- Stockholders approved increasing shares for the 2021 Stock Incentive Plan by 2,250,000.
- Seven directors were elected to serve one-year terms on Tidewater's Board of Directors.
- The advisory vote on executive compensation was approved with 40,548,175 votes for.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for fiscal year 2026.
- 44,546,831 shares, representing 89.57% of voting shares, were present at the Annual Meeting.
Price Impact
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