Al-Nowais Yousif Mohammed Ali Nasser 4
4 · National Energy Services Reunited Corp. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
National Energy Services (NESR) Director Al-Nowais Sells 304,928 Shares
What Happened
Director Al-Nowais Yousif Mohammed Ali Nasser reported two sales of National Energy Services Reunited Corp. (NESR) ordinary shares. On 2026-05-13 he sold 223,626 shares at a weighted average price of $26.85 for proceeds of $6,004,112, and on 2026-05-14 he sold 81,302 shares at a weighted average price of $26.35 for proceeds of $2,142,438. Combined proceeds were approximately $8,146,550. Transactions were reported as open-market/private sales (code S).
Key Details
- Transaction dates: May 13, 2026 (223,626 shares) and May 14, 2026 (81,302 shares).
- Reported prices and totals: May 13 — weighted avg $26.85, proceeds $6,004,112; May 14 — weighted avg $26.35, proceeds $2,142,438. Total ≈ $8.15M.
- Footnotes: F1 notes the May 13 sales ranged $26.60–$27.19; F2 notes the May 14 sales ranged $26.00–$26.70. The reporting person offers to provide per-price breakdown to the SEC or issuer upon request.
- Shares owned after the transactions: not specified in the information provided.
- Filing timeliness: Form 4 was filed on May 15, 2026 for transactions on May 13–14, 2026 (appears timely under Form 4 rules).
- No 10b5‑1 plan, tax-withholding, option exercise, or gift language was indicated in the provided details.
Context
These were outright sales (dispositions), which are commonly routine (e.g., liquidity, portfolio rebalancing) and do not by themselves indicate management’s view of the company’s future. Purchases are often a stronger signal of insider sentiment; this filing documents disposition only.
Insider Transaction Report
- Sale
Ordinary Shares
[F1]2026-05-13$26.85/sh−223,626$6,004,112→ 5,134,770 total(indirect: By LLC) - Sale
Ordinary Shares
[F2]2026-05-14$26.35/sh−81,302$2,142,438→ 5,053,468 total(indirect: By LLC)
Footnotes (2)
- [F1]Represents the weighted average price of the Ordinary Shares sold on May 13, 2026, ranging from a low of $26.60 to a high of $27.19 per share. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.
- [F2]Represents the weighted average price of the Ordinary Shares sold on May 14, 2026, ranging from a low of $26.00 to a high of $26.70 per share. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer to provide full information regarding the number of shares purchased at each separate price.