NESR CFO Angeli Stefan Sells 13,570 Shares

What Happened

• Angeli Stefan, Chief Financial Officer of National Energy Services Reunited Corp. (NESR), sold 13,570 ordinary shares on August 18, 2026. The reported per-share price was $35.12 (footnote indicates the sale price range was $35.11–$35.12), for gross proceeds of approximately $476,578. This was a sale (often routine) rather than a purchase.

Key Details

• Transaction date: August 18, 2026; Form 4 filed August 21, 2026 (filed three days after the transaction—check timeliness against the two-business-day rule).
• Price(s): $35.11–$35.12 per share (transaction line shows $35.12).
• Shares sold/disposed: 13,570; gross proceeds ≈ $476,578.
• Shares owned after the transaction: not specified in the provided filing.
• Notable footnotes:
  • F1: Sale executed in a single transaction at $35.11–$35.12.
  • F2: Correction to a prior Form 4 (filed Aug 17, 2026) regarding RSU vesting: RSUs granted Aug 14, 2026 vest in equal annual installments over three years (each anniversary), not fully on Aug 14, 2027.
• No 10b5-1 plan, tax-withholding, or late-filing code was specified in the provided information beyond the filing date.

Context

• This filing documents a straight sale of shares by a company insider; sales can be routine (e.g., for diversification or tax reasons) and do not by themselves indicate company performance. The RSU footnote clarifies the insider’s award vesting schedule (three-year annual vesting), which affects future equity compensation timing.