Rodriguez Rodriguez Miguel Angel 4

What Happened
Miguel Angel Rodriguez Rodriguez, Chief Financial Officer of Nabors Industries Ltd (NBR), was granted 3,905 restricted shares on Feb 9, 2026 (transaction code A). On Feb 11, 2026, 194 shares were surrendered (disposed, transaction code F) to satisfy tax withholding related to the vesting of restricted stock; those 194 shares were reported at $68.34 each for a total of $13,258. The award itself was recorded at $0 (typical for a restricted stock grant).

Key Details

• Transaction dates and types: Feb 9, 2026 — Award/grant of 3,905 shares (A); Feb 11, 2026 — 194 shares surrendered for tax withholding at $68.34/share (F), totaling $13,258.
• Vesting: The restricted stock award is scheduled to vest in four equal annual installments beginning on the first anniversary of the award (footnote F1).
• Tax withholding: Footnote F2 states the 194 shares surrendered satisfied withholding on the vesting of 686 restricted shares on Feb 11, 2026; the remaining vested shares were retained by the executive.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed Feb 11, 2026 — appears timely relative to the reported transaction dates.

Context
Restricted stock awards (A) are grants that vest over time; they’re not open‑market purchases and are commonly part of compensation. Surrendering shares to cover taxes (F) is a routine administrative step and does not necessarily signal a deliberate market sale. For retail investors, purchases are typically a stronger positive signal than routine awards or tax-related dispositions.