Al-Nowais Yousif Mohammed Ali Nasser 4

What Happened
Director Al-Nowais Yousif Mohammed Ali Nasser sold a total of 224,068 ordinary shares of National Energy Services Reunited Corp. (NESR) in two reported transactions. On May 18, 2026 he disposed of 220,568 shares for $26.06 (weighted avg), generating $5,748,002. On May 19, 2026 he sold an additional 3,500 shares at $26.13 for $91,455. Total reported proceeds were approximately $5,839,457. These were sales (not purchases or option exercises).

Key Details

• Transaction dates and prices:
  • 2026-05-18: 220,568 shares sold at a weighted average price of $26.06 (range $26.00–$26.40 per F1) — $5,748,002.
  • 2026-05-19: 3,500 shares sold at $26.13 — $91,455.
• Total shares sold: 224,068; total proceeds ≈ $5.84M.
• Shares owned after the transaction: not disclosed in this filing.
• Footnotes: F1 notes the May 18 weighted-average price and a low/high range ($26.00–$26.40); issuer/SEC staff may request breakdown by each price. Remarks include Exhibit 24 (Power of Attorney).
• Filing timeliness: Form 4 filed 2026-05-20 reporting transactions on 5/18–5/19 — appears timely (no late-filing flag indicated).

Context
These were open-market sales (Form 4 labels them "open market or private sale"); the filing does not indicate an option exercise, 10b5-1 plan, gift, or tax-withholding event. Sales by directors can be for many reasons (liquidity, portfolio rebalancing, etc.); this report is factual and does not indicate insider sentiment. Purchases tend to be more informative about insider conviction.