Nabors Industries Ltd: director Chase Anthony R received 1,056 shares

What happened

• Chase Anthony R, a director of Nabors Industries Ltd, received a grant of options equal to 1,056 shares on Sep 30, 2026. The filing shows an attributable value of $37,499 based on an option price of $35.51 per share; the options have an exercise price of $78.12 per share and are reported as fully vested on the date of grant.

Key details

• Transaction date and price: Sep 30, 2026; option valuation $35.51 per share; exercise price $78.12 per share.
• Consideration and value: reporting shows acquisition value $37,499; the director forewent a cash payment of $37,500 in exchange for the options (per footnote).
• Shares owned after the transaction: not reported in the filing.
• Footnote: the reporting person elected to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The number of options was determined by dividing the foregone cash payment of $37,500 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model ($35.51 per share). The options are fully vested as of the date of grant, and have an exercise price of $78.12 per share, which is the market price of Nabors' common shares on the date of grant.
• Filing date: Oct 2, 2026.

Why it may matter

• This was a grant of stock options (a derivative award), not a market purchase or sale of common shares.
• The options are fully vested at grant and carry an exercise price equal to the market price on the grant date, per the footnote.
• A filing does not show why the insider traded or why the company acted.