NESR Director Anthony R. Chase Converts 15,000 RSUs; Receives 2,800 RSUs

What Happened

• Anthony R. Chase, a director of National Energy Services Reunited Corp. (NESR), had 15,000 restricted stock units (RSUs) vest on August 14, 2026 and these RSUs converted into 15,000 ordinary shares (reported as an exercise/conversion of a derivative at $0.00). On the same date he was also granted 2,800 new RSUs that will vest on August 14, 2027, subject to continued service.
• The conversion/exercise reported a $0.00 exercise price and $0 proceeds; the filing does not disclose any immediate sale of the newly issued shares or a market dollar value for the shares.

Key Details

• Transaction date: August 14, 2026. Form 4 filed August 17, 2026 (appears timely).
• Conversion/exercise: 15,000 shares via derivative conversion (code M) at $0.00; reported as disposed (the derivative converted to underlying shares).
• Grant/award: 2,800 RSUs granted (code A) on August 14, 2026; these vest August 14, 2027, subject to continued service.
• Footnotes: F1 — the 15,000 RSUs were originally granted Aug 14, 2025 and vested Aug 14, 2026 (each RSU converts to one ordinary share). F2 — the 2,800 RSUs were granted Aug 14, 2026 and vest Aug 14, 2027 if service continues.
• Shares owned following the reported transactions: not specified in the filing.
• Exhibit included: 24.1 — Power of Attorney.

Context

• This was not an open-market purchase or sale; it reflects RSU vesting and conversion to shares (no cash paid on conversion). Such transactions are routine equity compensation events for insiders and do not, by themselves, indicate a buying or selling signal.