Kevin McEvoy disposed of 3,000 OII shares, retaining 134,133 shares or 0.1% of the company post-sale.
Oceaneering International director Kevin McEvoy sold 3,000 shares on July 30 at a weighted average price of $47.92, according to an SEC filing. The transaction occurred in multiple trades ranging from $47.922 to $47.945 per share.
Following the sale, McEvoy holds 134,133 shares, representing approximately 0.1% of the company. Oceaneering reported trailing twelve-month revenue of $2.9 billion and net income of $350.1 million in its latest reporting period.
The stock has surged 113% over the past 12 months leading up to the disposal, reflecting strong performance in its Subsea Robotics division.