Rodriguez Rodriguez Miguel Angel 4
4 · NABORS INDUSTRIES LTD · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Nabors (NBR) CFO Miguel Rodriguez Sells 476 Shares for Tax Withholding
What Happened
Miguel Angel Rodriguez Rodriguez, CFO of Nabors Industries (NBR), surrendered shares to satisfy tax withholding on the vesting of restricted stock. He surrendered 314 shares on 2026-02-18 at $71.91 each (proceeds/consideration $22,580) and 162 shares on 2026-02-19 at $75.30 each (proceeds/consideration $12,199), a total of 476 shares (~$34,779). These were share surrenders to cover withholding taxes associated with RSU vestings, not open-market investment sales.
Key Details
- Transaction dates and prices:
- 2026-02-18: 314 shares surrendered @ $71.91 = $22,580 (code F)
- 2026-02-19: 162 shares surrendered @ $75.30 = $12,199 (code F)
- Footnotes from the filing:
- F1: Surrender of 314 shares to satisfy tax withholding on vesting of 1,287 restricted shares on Feb 18; remaining 973 shares retained.
- F2: Surrender of 162 shares to satisfy tax withholding on vesting of 663 restricted shares on Feb 19; remaining 501 shares retained.
- Shares owned after the transaction: not specified in the excerpt provided.
- Filing/timeliness: Report filed 2026-02-19 for transactions on 02-18 and 02-19 (filed the next day), indicating a timely filing.
Context
Code F indicates a tax-withholding disposition (a "sell-to-cover" or share surrender) tied to RSU vesting. This is a routine administrative transaction to satisfy withholding obligations and does not necessarily indicate the insider's view on the company's stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-18$71.91/sh−314$22,580→ 45,001 total - Tax Payment
Common Stock
[F2]2026-02-19$75.30/sh−162$12,199→ 44,839 total
Footnotes (2)
- [F1]Reflects the number of shares surrendered to satisfy the tax withholding on the vesting of 1,287 shares of restricted stock on February 18, 2026. The remaining shares were retained by the executive.
- [F2]Reflects the number of shares surrendered to satisfy the tax withholding on the vesting of 663 shares of restricted stock on February 19, 2026. The remaining shares were retained by the executive.