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Oceaneering International COO Sells Over $1.2 Million in Shares
Benjamin Laura reduces stake by nearly 42% through recent stock sale
Published on Feb. 28, 2026
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Oceaneering International, Inc. (NYSE:OII) Chief Operating Officer Benjamin Laura sold 33,176 shares of the company's stock on February 25th, 2026 for a total value of $1,244,431.76. The sale represented a 41.95% decrease in Laura's ownership stake in the offshore oil and gas services provider.
Why it matters
Insider transactions, especially by high-level executives, can provide valuable insights into a company's performance and future outlook. This sale by the COO suggests he may be less bullish on Oceaneering's short-term prospects, even as the stock has rallied over the past year.
The details
Laura sold the shares at an average price of $37.51, reducing his total ownership to 45,911 shares valued at $1,722,121.61. The transaction was disclosed in a filing with the SEC. Oceaneering International provides engineered services and products to the offshore oil and gas industry, as well as aerospace, defense, and commercial diving markets. The company specializes in remotely operated vehicles, subsea intervention, and inspection services.
- The stock sale took place on February 25, 2026.
The players
Benjamin Laura
Chief Operating Officer of Oceaneering International, Inc.
Oceaneering International, Inc.
A global provider of engineered services and products primarily to the offshore oil and gas industry, as well as to aerospace, defense, and commercial diving markets.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
What’s next
The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
The takeaway
This insider sale by Oceaneering's COO suggests he may be less optimistic about the company's near-term prospects, even as the stock has seen strong gains over the past year. Investors will likely be watching closely to see if other executives follow suit or if this was an isolated transaction.
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