Weatherholt Scott C 4

What Happened

• Scott C. Weatherholt, EVP, General Counsel & CCO of Weatherford International (WFRD), had restricted share units (RSUs) vest on January 18, 2026. A total of 5,794 shares were issued on vesting (3,542 + 2,252). To satisfy tax withholding obligations, 2,372 shares were withheld/sold at $83.74 per share for proceeds of roughly $198,631. Net new shares received by the insider were about 3,422 shares. These were vesting transactions (conversion of RSUs), not open-market purchases.

Key Details

• Transaction date: January 18, 2026 (filed January 21, 2026).
• Shares issued on vesting: 3,542 and 2,252 (total 5,794) at $0.00 acquisition price (RSU conversion).
• Shares withheld/sold for taxes: 2,372 shares at $83.74 = ~$198,631 (reported as "F" — tax withholding).
• Net shares added to insider’s position: ~3,422 shares (5,794 issued − 2,372 withheld).
• Footnotes: F1 and F2 indicate these RSUs were grants from Jan 18, 2023 and Jan 18, 2024 that vest in three annual installments; F3 notes shares were withheld to satisfy tax obligations under the plan.
• Shares owned after the transaction: not specified in the provided filing data.
• Filing timeliness: Report filed Jan 21, 2026 — three calendar days after the Jan 18 transaction; this appears to be one business day late (Form 4s are normally due within 2 business days).

Context

• These entries reflect routine RSU vesting and tax withholding (derivative awards converting to common shares), not a discretionary open-market sale or purchase decision. For derivative-line items, the "M" code denotes conversion/exercise of the award and the "F" code denotes shares withheld/used to satisfy tax obligations. Routine vesting events are common and generally treated differently from voluntary insider buys or sells when assessing insider sentiment.