Weatherholt Scott C 4

What Happened
Scott C. Weatherholt, EVP, General Counsel & Chief Compliance Officer of Weatherford International (WFRD), had restricted share units (RSUs) vest and received new equity awards on March 7, 2026. The filing shows 3,788 shares resulted from the vesting/conversion of prior RSUs (exercise/conversion, reported with $0.00 share price), 1,491 shares were withheld to satisfy tax obligations (disposed at an effective $90.80/share for $135,383), and new awards of 7,079 RSUs and 10,619 performance share units (PSUs) were granted (reported at $0.00 per share as awards).

Key Details

• Transaction date: March 7, 2026; Form filed March 10, 2026 (filing appears timely).
• Tax-withholding sale: 1,491 shares withheld at an implied value of $90.80/share, total $135,383. (Transaction code F = tax withholding.)
• Vesting/conversion: 3,788 shares from prior RSUs reported as exercised/converted (code M) at $0.00 per share.
• New grants: 7,079 RSUs (code A) and 10,619 PSUs (code A) granted on March 7, 2026.
• Footnotes: prior RSUs granted Mar 7, 2025 vest in three equal annual installments (F1); withholding satisfied tax obligations (F2); RSUs granted Mar 7, 2026 vest over three years (F3); PSUs are target awards that may pay 0–200% based on performance over 2026–2028 (F4).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• The 1,491-share disposition is a routine tax-withholding event to cover taxes upon RSU vesting (cashless withholding), not an open-market sale. Such withholdings are common and don't necessarily signal insider sentiment.
• The new RSUs vest over three years; PSUs are performance-based and may pay out between 0%–200% of target depending on achievement of goals for fiscal years 2026–2028.
• Transaction codes: M = exercise/conversion of derivative (conversion of RSUs), F = tax withholding, A = grant/award.