Engine Capital Group Reduces Stake in Civeo Corp to 6.3% via Amendment No. 6

On June 15, 2026, Engine Capital, L.P. and its affiliates filed Amendment No. 6 to their Schedule 13D regarding their investment in Civeo Corp (CVEO). The filing reveals that the reporting group, which includes Engine Capital, Engine Jet Capital, and Engine Lift Capital, has collectively decreased its holdings through a series of open-market sales. Over the past sixty days, the group executed multiple sell transactions with prices ranging from approximately $30.01 to $35.16 per share. Following these transactions, the aggregate beneficial ownership for the group stands at 686,315 common shares, representing approximately 6.3% of the company's outstanding stock based on 10,943,296 shares reported as of April 27, 2026. Individually, Engine Capital holds 580,117 shares (5.3%). The shares were originally purchased using working capital. Arnaud Ajdler, as the managing partner of the investment manager and managing member of the general partners, continues to exercise voting and dispositive power over the reported securities.