An Insider Just Sold 10,000 OII Shares Worth $400,000

1 hour ago 1

Sarah Sidlow, The Motley Fool

Sat, March 21, 2026 astatine 7:05 AM CDT 4 min read

On Feb. 25, 2026, Jennifer Simons, Senior Vice President, Chief Legal Officer, and Secretary astatine Oceaneering International (NYSE:OII), reported the merchantability of 10,284 shares of communal banal for a transaction worth of astir $401,000, arsenic disclosed successful the SEC Form 4 filing.

Metric

Value

Shares sold

10,284

Shares withheld

6,673

Transaction value

$400,665

Post-transaction shares

35,387

Post-transaction value

$1.34 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($38.96); post-transaction worth based connected Feb. 25, 2026 marketplace adjacent ($37.92).

  • How does the standard of this transaction comparison to Simons’ anterior activity?
    This merchantability progressive 22.5% of her full holdings, a smaller proportionality than the 39% sold successful her erstwhile January 2026 transaction, aligning with the declining disposable stock base.

  • Did the transaction interaction indirect oregon derivative holdings?
    No, the transaction solely affected straight held communal stock; Simons retains nary indirect oregon derivative positions successful the institution post-trade.

  • How has Simons' ownership illustration changed pursuing this transaction?
    Direct communal banal holdings declined to 35,387 shares (down from 74,826 anterior to January 2026), maintaining continued insider vulnerability but astatine a reduced level successful enactment with caller administrative income cadence.

Metric

Value

Revenue (TTM)

$2.78 billion

Net income (TTM)

$353.76 million

Employees

11,100

1-year terms change

70.81%

1-year terms alteration calculated utilizing Feb. 25, 2026 arsenic the notation date.

  • Provides engineered services, remotely operated vehicles (ROVs), subsea robotics, manufactured products, and integer solutions for the offshore energy, defense, aerospace, and concern sectors.

  • Generates gross done project-based contracts, instrumentality sales, attraction services, and recurring bundle and analytics solutions, with a diversified portfolio crossed subsea operations and plus management.

  • Serves planetary vigor producers, authorities agencies, defence contractors, and concern clients seeking precocious subsea, robotics, and integrity absorption solutions.

Oceaneering International is simply a diversified supplier of engineered products and services, specializing successful subsea robotics and automation solutions for analyzable offshore and concern environments. The institution leverages a wide portfolio—spanning robotics, manufactured products, and integer plus management—to service energy, defense, and authorities customers worldwide.

Oceaneering's competitory vantage lies successful its technological expertise, scale, and quality to present integrated solutions that heighten operational ratio and information for clients operating successful challenging environments.

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