SLEDGE CHARLES M 4

4 · Weatherford International plc · Filed Mar 10, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

Weatherford (WFRD) Director Charles Sledge Sells Shares

What Happened

Charles M. Sledge, a director of Weatherford International plc, had restricted share units (RSUs) vest on March 7, 2026. The filing shows the conversion of 6,667 RSUs into ordinary shares; 2,467 of those shares were settled for cash at $90.80 per share, producing $224,004. The filing also reports a new grant of 3,646 RSUs on March 7, 2026 (no cash value on grant).

Key Details

Transaction date: March 7, 2026; Form 4 filed March 10, 2026 (appears timely).
Cash settlement: 2,467 shares × $90.80 = $224,004 (footnote F2: Committee elected partial cash settlement of vested RSUs).
Conversion/vesting: 6,667 RSUs vested and converted (entries show acquisition and corresponding derivative disposition at $0) (footnote F1: these were RSUs granted 3/7/2025).
New grant: 3,646 RSUs granted 3/7/2026 that vest in full on the first anniversary (footnote F3).
Shares owned after the transaction: not specified in the filing.
No 10b5-1 plan or late filing flag disclosed.

Context

These transactions reflect RSU vesting and a partial cash settlement to the issuer (a routine administrative/tax settlement), not an open‑market sale. Conversion of RSUs into shares and cash settlements are common and do not, by themselves, indicate insider sentiment about the company. Purchases are generally more indicative of bullish intent; this filing reports vesting/conversion and a cash settlement.

Form 4

Period: 2026-03-07

Director

Transactions

Exercise/Conversion
Ordinary Shares
[F1]
2026-03-07+6,667→ 39,396 total
Disposition to Issuer
Ordinary Shares
[F2]
2026-03-07$90.80/sh−2,467$224,004→ 36,929 total
Exercise/Conversion
2025 Restricted Share Units
[F1]
2026-03-07−6,667→ 0 total
→ Ordinary Shares (6,667 underlying)
Award
2026 Restricted Share Units
[F3]
2026-03-07+3,646→ 3,646 total
→ Ordinary Shares (3,646 underlying)

Footnotes (3)

[F1]Represents the vesting in full of restricted share units ("RSUs") granted on March 7, 2025 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP").
[F2]At the election of the Committee administering the 2019 EIP, the vesting of the RSUs was settled partially in stock and partially in cash. Represents the deemed disposition of the ordinary shares underlying the portion of vested RSUs settled in cash.
[F3]Represents RSUs granted on March 7, 2026 pursuant to the 2019 EIP. The RSUs vest in full on the first anniversary of the grant date.

Signature

Kathy Medford by Power of Attorney|2026-03-10

2 files