Al-Nowais Yousif Mohammed Ali Nasser 4
4 · National Energy Services Reunited Corp. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
NESR Director Al-Nowais Sells 1.40M Shares for $36.9M
What Happened
Director Yousif Mohammed Ali Nasser Al-Nowais sold a total of 1,401,450 ordinary shares of National Energy Services Reunited Corp. (NESR) in open-market/private sales on June 12–13, 2026. The trades break down as follows: 950,831 shares at $26.08 ($24,797,672); 117,762 shares at $26.54 ($3,125,403); 326,386 shares at $26.89 ($8,776,520); and 6,471 shares at $27.61 ($178,664). Aggregate proceeds were approximately $36.88 million. These were outright sales (code S), not purchases or option exercises.
Key Details
- Transaction dates: June 12, 2026 and June 13, 2026; filing date: June 16, 2026. The filing occurred after the two-business-day reporting window and is therefore late relative to typical Form 4 timing.
- Prices and ranges (per footnotes): June 12 sales weighted-average ranges ~$25.50–$26.57 (footnotes F1, F2); June 13 sales weighted-average ranges ~$26.50–$27.62 (footnotes F3, F4). The filer offers to provide per-price breakdowns to the SEC/issuer/holders upon request.
- Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
- Transaction type: S = Sale (open market or private sale). No derivative exercises, awards, or tax-withholding transactions reported in this filing.
Context
- Sales do not necessarily indicate insider sentiment and can reflect personal liquidity needs, portfolio rebalancing, or other non-fundamental reasons. Purchases generally attract more attention as potential bullish signals; this filing documents only dispositions.
- The filing timing (filed June 16 for trades occurring June 12–13) missed the usual two-business-day reporting window, which is noteworthy for compliance monitoring but does not by itself indicate any trading impropriety.
Insider Transaction Report
Form 4
Transactions
- Sale
Ordinary Shares
[F1]2026-06-12$26.08/sh−950,831$24,797,672→ 2,599,411 total(indirect: By LLC) - Sale
Ordinary Shares
[F2]2026-06-12$26.54/sh−117,762$3,125,403→ 2,481,649 total(indirect: By LLC) - Sale
Ordinary Shares
[F3]2026-06-13$26.89/sh−326,386$8,776,520→ 2,155,263 total(indirect: By LLC) - Sale
Ordinary Shares
[F4]2026-06-13$27.61/sh−6,471$178,664→ 2,148,792 total(indirect: By LLC)
Footnotes (4)
- [F1]Represents the weighted average price of the Ordinary Shares sold on June 12, 2026, ranging from a low of $25.50 to a high of $26.50 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 June 12, 2026, ranging from a low of $25.505 to a high of $26.5725 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.
- [F3]Represents the weighted average price of the Ordinary Shares sold on June 13, 2026, ranging from a low of $26.50 to a high of $27.50 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.
- [F4]Represents the weighted average price of the Ordinary Shares sold on June 13, 2026, ranging from a low of $27.52 to a high of $27.62 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.
Signature
/s/ Yousif Mohammed Ali Nasser Al-Nowais|2026-06-16