An amended statement of changes in beneficial ownership was filed on September 18, 2026, by Robert Robotti, a director of Tidewater Inc, disclosing a gift and two sales of common stock that occurred on September 16, 2026.

Key Highlights

  • Amendment filed: The filing corrects the transaction code and related footnote from an original statement filed on September 17, 2026.
  • Gift transaction: 1,951 shares of Tidewater common stock were gifted at $0 by a performance fee-paying advisory client of Robotti & Company Advisors, LLC, using transaction code G.
  • Sale by RIC: 6,695 shares were sold at $89.8494 per share on September 16, 2026, reducing shares held through The Ravenswood Investment Company, LP.
  • Sale by RI: 3,605 shares were sold at $89.8494 per share on September 16, 2026, reducing shares held through Ravenswood Investments III, L.P.
  • Resulting ownership: Following all reported transactions, Robert Robotti indirectly beneficially owns 2,202,690 shares of Tidewater common stock, $0.001 par value per share.
  • Disclaimer of ownership: According to the filing, Mr. Robotti "disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any."

Robert Robotti's Amended Beneficial Ownership Report for Tidewater Inc

Robert Robotti, who serves as a director of Tidewater Inc (NYSE:TDW), filed this amended report to correct the transaction code and an associated footnote contained in the original filing submitted on September 17, 2026. Tidewater Inc is the issuer of the common stock referenced throughout the filing, with shares carrying a par value of $0.001 per share.

The filing describes three separate transactions, all dated September 16, 2026. The first was a gift (code G) of 1,951 shares disposed of at $0. According to the filing, this gift was made "by the client of Common Stock directly beneficially owned by the client, a performance fee-paying advisory client of Robotti & Company Advisors, LLC," and the gift "terminated Robotti Advisors' investment advisory relationship in respect of such shares." The second and third transactions were open-market sales (code S): 6,695 shares and 3,605 shares, each at a price of $89.8494 per share, disposed of through separate affiliated entities.

All shares reported in the filing are held indirectly. The filing details ownership spread across several entities and individuals, including The Ravenswood Investment Company, LP (holding 1,136,422 shares after both sales), Ravenswood Investments III, L.P. (760,152 shares after all transactions), performance fee-paying advisory clients of Robotti Advisors (112,444 shares), the Suzanne and Robert Robotti Foundation, Inc. (3,000 shares), Suzanne Robotti (58,500 shares), and Robert Robotti directly (132,172 shares). The filing notes that Mr. Robotti's indirect beneficial ownership arises through his roles as managing director of Ravenswood Management Company, LLC, which serves as general partner of those partnerships, and through his marriage to Suzanne Robotti.

What Was Disclosed

The amended filing reports a gift and two sales of Tidewater Inc common stock by director Robert Robotti on September 16, 2026, all held indirectly. Total indirect beneficial ownership following all transactions stood at 2,202,690 shares.