Weatherford (WFRD) Director Neal P. Goldman Sells 16,000 Shares
$WFRD · Weatherford International plcResearch Summary
AI-generated summary of this SEC filing
Weatherford (WFRD) Director Neal P. Goldman Sells 16,000 Shares
What Happened
Neal P. Goldman, a director of Weatherford International plc (WFRD), sold a total of 16,000 shares in open-market transactions on July 23, 2026. The sales were reported as two blocks: 12,439 shares at a weighted average price of $84.69 (proceeds $1,053,459) and 3,561 shares at a weighted average price of $85.36 (proceeds $303,967), for aggregate proceeds of approximately $1,357,426. These were sales (not purchases), which are often routine insider liquidity events and do not by themselves indicate company performance.
Key Details
- Transaction date: 2026-07-23 (reported on Form 4 filed 2026-07-27); filing appears timely (within the 2-business-day window).
- Sale details:
- 12,439 shares at weighted avg. $84.69 — footnote F1: actual prices in this block ranged $84.09–$85.08 (multiple trades).
- 3,561 shares at weighted avg. $85.36 — footnote F3: actual prices in this block ranged $85.09–$85.70 (multiple trades).
- Total shares sold: 16,000; total proceeds ≈ $1,357,426.
- Shares owned after the transactions: not specified on this Form 4; filing notes (F2) that 2,876 shares were previously reported as directly owned by the reporting person.
- No 10b5-1 plan, exercise, gift, or tax-withholding notation is disclosed in the filing.
Context
Sales by directors can be for many personal or portfolio reasons; retail investors generally give more weight to insider purchases as a bullish signal. The filing discloses weighted-average prices and price ranges for the multiple trades; the SEC staff can request per-trade details if needed.