Al-Nowais Yousif Mohammed Ali Nasser 4
4 · National Energy Services Reunited Corp. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
NESR Director Al-Nowais Sells 573,544 Shares
What Happened
Al-Nowais Yousif Mohammed Ali Nasser, a director of National Energy Services Reunited Corp. (NESR), sold 573,544 ordinary shares in an open-market/private sale on May 20, 2026. The weighted average sale price reported was $26.14 per share (range $26.00–$26.35), for total proceeds of $14,992,440. This was a sale (not a purchase or option exercise) and is commonly considered a routine disposition.
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22). Filing appears to be within the standard two-business-day Form 4 window.
- Price: weighted average $26.14; price range $26.00–$26.35 per share (see footnote).
- Shares sold: 573,544; total proceeds ≈ $14,992,440.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: The reported price is a weighted average for the day; the reporting person will provide per-price quantities on request to the SEC, issuer, or a security holder.
Context: Sales by directors can be routine (portfolio rebalancing, tax or liquidity needs) and do not by themselves indicate a change in company fundamentals. There were no option exercises, awards, or gifts associated with this filing.
Insider Transaction Report
- Sale
Ordinary Shares
[F1]2026-05-20$26.14/sh−573,544$14,992,440→ 4,255,856 total(indirect: By LLC)
Footnotes (1)
- [F1]Represents the weighted average price of the Ordinary Shares sold on May 20, 2026, ranging from a low of $26.00 to a high of $26.35 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.