Weatherford International plc·4

Mar 10, 4:57 PM ET

GOLDMAN NEAL P 4

Research Summary

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Weatherford (WFRD) Director Neal Goldman Sells 1,690 Shares

What Happened Neal P. Goldman, a director of Weatherford International plc, had 4,566 restricted share units (RSUs) vest on March 7, 2026. At the committee’s election the vesting was settled partially in stock and partially in cash: 1,690 underlying shares were cash‑settled (deemed disposed) at $90.80 each for total cash proceeds of $153,452. The vesting also resulted in share conversion/settlement activity (derivative conversion entries at $0). In addition, Goldman received a new grant of 2,497 RSUs on March 7, 2026 that vest in full one year from the grant date.

Key Details

  • Transaction date: March 7, 2026; Form 4 filed March 10, 2026 (no late filing indicated in the report).
  • Cash sale: 1,690 shares deemed disposed at $90.80/share = $153,452.
  • Vesting/conversion: 4,566 RSUs vested (conversion/derivative activity reported at $0 per share).
  • New award: 2,497 RSUs granted on March 7, 2026; these vest in full on the first anniversary.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: F1 = vesting of RSUs granted March 7, 2025; F2 = portion of vested RSUs settled in cash (deemed disposition); F3 = RSU grant dated March 7, 2026.
  • Transaction codes: D = disposition to issuer (cash settlement of vested RSUs); M = exercise/conversion of a derivative (RSU conversion); A = award/grant.

Context This filing mainly reflects scheduled RSU vesting and the committee’s choice to settle part of that vesting in cash (common for tax withholding or cash settlement). The $153k cash disposition is modest relative to many insider trades and represents settlement of compensation rather than an open‑market sale initiated for investment reasons. Derivative entries denote conversion/settlement of RSUs rather than an option exercise requiring out‑of‑pocket payment.