Duster Benjamin 4

What Happened

• Duster Benjamin, a director of Weatherford International plc, reported RSU vesting and related activity on March 7, 2026. The filing shows 4,566 shares delivered by conversion/exercise of vested RSUs (reported at $0), a cash settlement equal to the deemed disposition of 1,690 shares for $90.80 each (total $153,452), and a new grant of 2,497 RSUs.
• The 1,690‑share disposition was a cash settlement of part of the vested RSUs (not an open‑market sale). Overall this is routine equity compensation activity (vesting + partial cash settlement) rather than a stock‑purchase signal.

Key Details

• Transaction date: March 7, 2026; Form 4 filed March 10, 2026.
• Disposition (D): 1,690 shares at $90.80 per share = $153,452 (cash‑settled portion of vested RSUs) — footnote F2.
• Exercise/conversion (M): 4,566 shares reported as acquired via conversion/exercise of vested RSUs at $0 — footnote F1 (vesting of RSUs granted 3/7/2025).
• Grant (A): 2,497 RSUs granted on 3/7/2026 (vest in full on the first anniversary) — footnote F3.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed on 2026-03-10 reporting 2026-03-07 transactions (appears to be filed within standard business‑day timing).
• Codes explained: M = exercise/conversion of derivative (here, conversion of RSUs), D = disposition to issuer (cash settlement), A = award/grant.

Context

• These entries reflect RSU vesting and employer settlement choices (partial share delivery + partial cash payout). The cash amount received represents the value of the portion settled in cash; the delivered shares reflect the remainder of vested RSUs.
• Such compensation settlements are routine and do not necessarily signal the director’s view on company stock; new RSUs granted will vest on a one‑year schedule per the plan terms.