Al-Nowais Yousif Mohammed Ali Nasser 4

What Happened

• Al-Nowais Yousif Mohammed Ali Nasser, a director of National Energy Services Reunited Corp. (NESR), sold a total of 699,888 ordinary shares in two open-market transactions. On May 22, 2026 he sold 242,497 shares at a weighted-average price of $26.14 for proceeds of $6,338,872. On May 26, 2026 he sold 457,391 shares at a weighted-average price of $26.12 for proceeds of $11,947,053. Total proceeds across both sales were $18,285,925. These were sales (not purchases); sales by insiders are often routine and do not necessarily signal a change in company outlook.

Key Details

• Transaction dates and prices:
  • May 22, 2026 — 242,497 shares sold; weighted-average $26.14 (range reported $26.00–$26.21).1
  • May 26, 2026 — 457,391 shares sold; weighted-average $26.12 (range reported $26.00–$26.40).2
• Total shares sold: 699,888; total proceeds: $18,285,925.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: Reporter provides weighted-average price ranges for each sale and offers to supply a break‑down of the number of shares sold at each separate price upon request by the SEC, issuer, or a security holder (Footnotes F1 and F2).
• Filing timeliness: The Form 4 was filed on May 27, 2026 covering trades on May 22 and May 26. Officers and directors generally must report transactions within two business days; by that standard the May 22 sale appears to have been reported late.

Context

• These were outright sales (transaction code “S”), not option exercises, awards, or gifts. There is no 10b5‑1 plan or tax‑withholding note disclosed in the filing. Sales by directors can be for many reasons (liquidity, diversification, estate planning) and are not, by themselves, proof of a change in company fundamentals.