Rodriguez Rodriguez Miguel Angel 4

What Happened

• Miguel Angel Rodriguez (CFO) surrendered a total of 312 Nabors Industries (NBR) shares to satisfy tax withholding on the vesting of restricted stock. The filing shows two withholding dispositions: 175 shares at $68.10 each ($11,917) and 137 shares at $68.10 each ($9,330), totaling $21,247.
• These were not open-market sales for cash or option exercises but share-side tax withholdings tied to the vesting of restricted stock awards.

Key Details

• Transaction date: February 15, 2026; Report filed: February 17, 2026 (appears timely).
• Prices and values: 175 shares × $68.10 = $11,917; 137 shares × $68.10 = $9,330; total = $21,247.
• Transaction code: F — shares surrendered to satisfy tax withholding on vesting.
• Footnotes: F1 — 175 shares withheld for taxes on 603 vested restricted shares; F2 — 137 shares withheld for taxes on 567 vested restricted shares. Remaining vested shares were retained by the executive.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was a routine tax-withholding transaction when restricted stock vested (not a buy or a directional sale). Such withholdings are common and generally do not signal the insider’s market view.
• Not an options exercise or open-market sale — simply share surrender to cover tax liabilities on issued restricted shares.