Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-18

Oceaneering International (OII)

CEO Roderick Larson was paid $7,735,670 in fiscal year 2025, ↑ up 4.5% from fiscal year 2024, the 56th percentile of its disclosed peer group (SEC filing 0000073756-26-000073 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,735,670 ↑
Roderick Larson total, FY2025
56th
CEO pay percentile vs peers
103:1
CEO-to-median pay ratio
96.12%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Roderick Larson (President and Chief Executive Officer), FY2025 total compensation $7,735,670 (base salary $910,000) [exec_comp, SEC accession 0000073756-26-000073, filed 2026-04-02]

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OII's next annual pay disclosure, estimated April 7, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Roderick Larson$910,000$0$2,027,796$0$4,282,425$0$515,449$7,735,670
President and Chief Executive Officer
Alan Curtis503,5000651,69901,536,6470180,1022,871,948
Senior Vice President and Chief Financial Officer
Jennifer Simons453,6000391,4130924,1530138,8671,908,033
Senior Vice President, Chief Legal Officer and Secretary
Benjamin Laura472,6000407,8030844,0710143,3591,867,833
Senior Vice President and Chief Operating Officer
Martin McDonald405,5000253,6820738,2730137,4241,534,879
Senior Vice President, Subsea Robotics

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Roderick Larson$7,735,670$7,401,994—↑ +333,676
Alan Curtis2,871,9482,653,633—↑ +218,315
Jennifer Simons1,908,0331,208,459—↑ +699,574
Benjamin Laura1,867,8331,336,162—↑ +531,671
Martin McDonald1,534,8791,472,694—↑ +62,185

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against OII
27 companies name OII as a compensation peer

Each company listed discloses OII in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named OII in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Deanna L. GoodwinIndependent Director$311,634
Jon Erik ReinhardsenIndependent Director$296,634
Karen H. BeachyIndependent Director$301,634
M. Kevin McEvoyChair of the Board$403,510
Paul B. Murphy JrIndependent Director$316,634
Reema PoddarIndependent Director$294,134
Steven A. WebsterIndependent Director$291,634
William B. BerryIndependent Director$291,634
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Martin McDonaldRSU2025-02-24——11,484—$253,682
Alan CurtisRSU2025-02-24——29,502—651,699
Roderick LarsonRSU2025-02-24——91,797—2,027,796
Benjamin LauraRSU2025-02-24——18,461—407,803
Jennifer SimonsRSU2025-02-24——17,719—391,413
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Martin McDonald$253,682$0$00.0%
Alan Curtis651,699000.0%
Roderick Larson2,027,796000.0%
Benjamin Laura407,803000.0%
Jennifer Simons391,413000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Martin McDonaldRSU11,484—$275,961
Roderick LarsonRSU289,658—6,960,482
Jennifer SimonsRSU101,077—2,428,880
Alan CurtisRSU96,016—2,307,264
Roderick LarsonRSU91,797—2,205,882
Benjamin LauraRSU46,356—1,113,935
Martin McDonaldRSU37,987—912,828
Alan CurtisRSU29,502—708,933
Benjamin LauraRSU18,461—443,618
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to attract and retain key executives, motivate them to achieve short- and long-term objectives without exposing us to excessive or unnecessary risk, and align their interests with our stockholders’ interests.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1585,566,7542,461,109994,62396.12%Passed
20252025-05-0983,681,9908,155,903477,80690.65%Passed
20242024-05-1088,063,0685,703,026120,94793.8%Passed
20232023-05-1683,031,3676,082,514234,63592.93%Passed
20222022-05-2782,665,9455,702,507220,79893.31%Passed
20212021-05-0776,246,3546,904,083740,84890.89%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1596.12%a
20252025-05-0990.65%b
20242024-05-1093.8%c

a. Approved under the standard stated in the filing — “Because abstentions are counted as present for the purpose of the vote on this proposal, they have the same effect as votes "AGAINST" this proposal.”.

b. Approved under the standard stated in the filing — “Because abstentions are counted as present for the purpose of the vote on this proposal, they have the same effect as votes "AGAINST" this proposal.”.

c. Approved under the standard stated in the filing — “Because abstentions are counted as present for purposes of the vote on this proposal, but are not votes "FOR" this proposal, they have the same effect as votes "AGAINST" this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)103 : 1
CEO total compensation$7,735,670
Median employee compensation$75,254
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
M. Kevin McEvoyIndependent · Board Chair · Sustainability (Chair)$132,000$271,510$0—$0$403,510
Paul B. Murphy JrIndependent · Audit (Chair) · Nominating/Governance132,000184,6340—0316,634
Deanna L. GoodwinIndependent · Compensation (Chair) · Audit127,000184,6340—0311,634
Karen H. BeachyIndependent · Compensation · Audit117,000184,6340—0301,634
Jon Erik ReinhardsenIndependent · Compensation · Nominating/Governance (Chair)112,000184,6340—0296,634
Reema PoddarIndependent · Audit · Nominating/Governance109,500184,6340—0294,134
Steven A. WebsterIndependent · Nominating/Governance107,000184,6340—0291,634
William B. BerryIndependent · Compensation107,000184,6340—0291,634
Roderick A. LarsonEmployee director000000
Roger W. JenkinsIndependent · Compensation · Newly elected——————
09

Board fee structure and ownership guideline

Annual cash retainer$97,000
Annual equity retainer$170,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 10,000
Stock ownership guideline$485,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$943,500
Equity awards (grant-date value)$1,563,948
All other compensation$0
Total cost of the board$2,507,448

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Oceaneering International names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Oceaneering International.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Weatherford International plc2025Girishchandra Saligram$1,254,808$9,969,035$0$1,735,296$13,022,298
2Flowserve Corporation2025R. Scott Rowe1,236,5387,245,11401,901,25010,914,232
3Helmerich & Payne, Inc.2025John Lindsay1,179,9095,749,95701,559,0169,010,799
4Transocean Ltd.2025Keelan Adamson933,3335,771,95701,820,0008,793,715
5Oceaneering International2025Roderick Larson910,0002,027,79604,282,4257,735,670
6Chart Industries, Inc.2024Jillian Evanko1,100,0004,378,4241,573,870565,7857,687,879
7DNOW, Inc.2025David Cherechinsky999,1734,555,07101,550,5487,118,605
8Expro Group Holdings N.V.2024Michael Jardon1,000,0005,246,0720690,6256,962,497
9Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
10Helix Energy Solutions Group, Inc.2025Owen Kratz800,0003,838,5190420,0005,067,269
—ChampionX Corporation——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Oceaneering International124%not disclosedYes — Relative TSRMeridian Compensation Partners, LLC
ChampionX Corporationnot disclosednot disclosednot disclosednot disclosed
Chart Industries, Inc.38.1%not disclosedNoPay Governance
DNOW, Inc.not disclosedRSU 50 · PSU 50not disclosedZayla Partners
Expro Group Holdings N.V.not disclosedPRSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Consultants, LLC
Flowserve Corporation117%not disclosedYes — relative Total Shareholder Return (rTSR)F.W. Cook
Helix Energy Solutions Group, Inc.35%PSU 50 · RSU 50Yes — TSR relative to performance peer groupWTW (Willis Towers Watson)
Helmerich & Payne, Inc.109.09%PSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Willis Towers Watson
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
Transocean Ltd.not disclosedPSU 50 · RSU 50NoPay Governance LLC
Weatherford International plc92.3%PSU 75 · RSU 25NoLB&Co.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Oceaneering International in fiscal 2025?
As disclosed, Roderick Larson (President and Chief Executive Officer) was the highest-paid executive at Oceaneering International in fiscal 2025, with total compensation of $7,735,670.
How does Oceaneering International's chief executive pay compare to its disclosed peer group?
As disclosed, Roderick Larson's total compensation ranked at the 56th percentile of Oceaneering International's disclosed peer group.
What is Oceaneering International's CEO-to-median employee pay ratio?
As disclosed, Oceaneering International's CEO-to-median employee pay ratio was 103:1.
How did shareholders vote on Oceaneering International's executive compensation?
As disclosed, 96.12% of shareholders supported Oceaneering International's executive compensation in the latest say-on-pay vote.
How much does Oceaneering International spend in total on board compensation for fiscal 2025?
As disclosed, Oceaneering International reported total board compensation of $2,507,448 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Roderick LarsonDEF 14A2026-04-020000073756-26-000073Section “Summary Compensation Table”. As printed: 7,735,670. Filing ↗machine: r2 · c14 · span 1452178–1452187
2Section 01, Alan CurtisDEF 14A2026-04-020000073756-26-000073Section “Summary Compensation Table”. As printed: 2,871,948. Filing ↗machine: r5 · c14 · span 1468898–1468907
3Section 01, Jennifer SimonsDEF 14A2026-04-020000073756-26-000073Section “Summary Compensation Table”. As printed: 1,908,033. Filing ↗machine: r11 · c14 · span 1498062–1498071
4Section 01, Benjamin LauraDEF 14A2026-04-020000073756-26-000073Section “Summary Compensation Table”. As printed: 1,867,833. Filing ↗machine: r8 · c14 · span 1485306–1485315
5Section 01, Martin McDonaldDEF 14A2026-04-020000073756-26-000073Section “Summary Compensation Table”. As printed: 1,534,879. Filing ↗machine: r14 · c14 · span 1514377–1514386
6Section 03, Martin McDonald RSUDEF 14A1900-01-010000073756-26-000073Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Alan Curtis RSUDEF 14A1900-01-010000073756-26-000073Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, Roderick Larson RSUDEF 14A1900-01-010000073756-26-000073Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1592495–1592504
9Section 03, Benjamin Laura RSUDEF 14A1900-01-010000073756-26-000073Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 03, Jennifer Simons RSUDEF 14A1900-01-010000073756-26-000073Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
11Section 07, pay ratioDEF 14A2026-04-020000073756-26-000073Section “CEO Pay Ratio”. As printed: 103 : 1. Filing ↗machine: span 2335423–2335432
12Section 08, M. Kevin McEvoyDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 403,510. Filing ↗machine: span 930758–931476
13Section 08, Paul B. Murphy JrDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 316,634. Filing ↗machine: span 948306–948995
14Section 08, Deanna L. GoodwinDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 311,634. Filing ↗machine: span 943924–944613
15Section 08, Karen H. BeachyDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 301,634. Filing ↗machine: span 935165–935854
16Section 08, Jon Erik ReinhardsenDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 296,634. Filing ↗machine: span 957075–957765
17Section 08, Reema PoddarDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 294,134. Filing ↗machine: span 952686–953376
18Section 08, Steven A. WebsterDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 291,634. Filing ↗machine: span 961461–962151
19Section 08, William B. BerryDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 291,634. Filing ↗machine: span 939544–940233
20Section 08, Roderick A. LarsonDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Roger W. JenkinsDEF 14A2026-04-020000073756-26-000073Section “Director Compensation”. As printed: —. Filing ↗
22Section 06, 2026 voteForm 8-K2026-05-180000073756-26-000091Item 5.07 · say-on-pay result. As reported: 96.12% (votes for as printed: 85,566,754.16). Filing ↗
23Section 06, 2025 voteForm 8-K2025-05-090000073756-25-000110Item 5.07 · say-on-pay result. As reported: 90.65% (votes for as printed: 83,681,990). Filing ↗
24Section 06, 2024 voteForm 8-K2024-05-130000073756-24-000088Item 5.07 · say-on-pay result. As reported: 93.8% (votes for as printed: 88,063,068). Filing ↗
25Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
27Section 09b board cost (computed)Computed——Cash 943,500 + equity 1,563,948 + all other 0 = 2,507,448, summed across the director compensation table rows.machine: formula: Σ = 2,507,448
28Weatherford International plc, Section 10b CEO totalDEF 14A2026-04-210001193125-26-166847CEO total compensation as printed in Weatherford International plc's own proxy. As printed: 13,022,298. Filing ↗machine: r3 · c27 · span 828253–828263
29Flowserve Corporation, Section 10b CEO totalDEF 14A2026-04-020001628280-26-022933CEO total compensation as printed in Flowserve Corporation's own proxy. As printed: 10,914,232. Filing ↗machine: r2 · c8 · span 2203312–2203322
30Helmerich & Payne, Inc., Section 10b CEO totalDEF 14A2026-01-220001104659-26-005786CEO total compensation as printed in Helmerich & Payne, Inc.'s own proxy. As printed: 9,010,799. Filing ↗machine: r1 · c42 · span 1420313–1420322
31Transocean Ltd., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037805CEO total compensation as printed in Transocean Ltd.'s own proxy. As printed: 8,793,715. Filing ↗machine: r9 · c18 · span 2068629–2068638
32Oceaneering International (subject), Section 10b CEO totalDEF 14A2026-04-020000073756-26-000073CEO total compensation as printed in Oceaneering International's own proxy. As printed: 7,735,670. Filing ↗machine: r2 · c14 · span 1452178–1452187
33Chart Industries, Inc., Section 10b CEO totalDEF 14A2025-04-080001193125-25-075768CEO total compensation as printed in Chart Industries, Inc.'s own proxy. As printed: 7,687,879. Filing ↗
34DNOW, Inc., Section 10b CEO totalDEF 14A2026-04-090001193125-26-148976CEO total compensation as printed in DNOW, Inc.'s own proxy. As printed: 7,118,605. Filing ↗
35Expro Group Holdings N.V., Section 10b CEO totalDEF 14A2025-04-110001193125-25-078440CEO total compensation as printed in Expro Group Holdings N.V.'s own proxy. As printed: 6,962,497. Filing ↗machine: r3 · c34 · span 806814–806823
36Oil States International, Inc., Section 10b CEO totalDEF 14A2026-03-270001121484-26-000017CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. Filing ↗machine: r2 · c21 · span 888287–888296
37Helix Energy Solutions Group, Inc., Section 10b CEO totalDEF 14A2026-04-010001140361-26-012501CEO total compensation as printed in Helix Energy Solutions Group, Inc.'s own proxy. As printed: 5,067,269. Filing ↗machine: r2 · c22 · span 1194229–1194239
38Section 10a, Expro Group Holdings N.V. reciprocityDEF 14A—0001193125-25-078440Expro Group Holdings N.V. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗
39Section 10a, Helix Energy Solutions Group, Inc. reciprocityDEF 14A—0001140361-26-012501Helix Energy Solutions Group, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗
40Section 10a, Helmerich & Payne, Inc. reciprocityDEF 14A—0001104659-26-005786Helmerich & Payne, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗
41Section 10a, Transocean Ltd. reciprocityDEF 14A—0001104659-26-037805Transocean Ltd. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, Weatherford International plc reciprocityDEF 14A—0001193125-26-166847Weatherford International plc names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗
43Section 10a, DNOW, Inc. reciprocityDEF 14A—0001193125-26-148976DNOW, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗
44Section 10a, Flowserve Corporation reciprocityDEF 14A—0001628280-26-022933Flowserve Corporation's most recent proxy was read; its disclosed peer group does not include Oceaneering International. Filing ↗
45Section 10a, Oil States International, Inc. reciprocityDEF 14A—0001121484-26-000017Oil States International, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). Filing ↗

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