Kotts John P 4

What Happened

• John P. Kotts, a director of Nabors Industries Ltd (NBR), was granted 1,324 restricted shares on 2026-06-02. The award was reported at $0.00 per share (no cash paid at grant). This is an equity award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-02; Report filed: 2026-06-03 (timely filing).
• Grant size and price: 1,324 shares @ $0.00 per share (award/grant).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The restricted stock award is scheduled to vest on the first anniversary of the grant date (2027-06-02).
• Filing type/code: Form 4; transaction code A = Award/Grant.

Context

• Restricted stock awards typically vest over time and are often used for compensation and retention; these shares are not immediately free to sell until vesting. The $0.00 price indicates the shares were granted, not purchased. This transaction is informational and does not by itself indicate Kotts’ view of the company’s stock.