Saligram Girish 4
4 · Weatherford International plc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Weatherford (WFRD) CEO Saligram Girish Sells 100,000 Shares
What Happened
Saligram Girish, President and CEO of Weatherford International plc, disposed of 100,000 shares on February 6, 2026 in two reported sales. The filing lists: 47,895 shares at $105.49 for $5,052,549 and 52,105 shares at $105.50 for $5,496,999 — total proceeds of $10,549,548. The filing describes these as open-market or private sales (transaction code S).
Key Details
- Transaction date: February 6, 2026. Filing date: February 10, 2026.
- Reported prices: $105.49 (47,895 sh) and $105.50 (52,105 sh); weighted-average price reported. The filing notes the shares were sold in multiple trades at prices ranging roughly $104.98 to $105.975.
- Total shares sold: 100,000; total reported proceeds: $10,549,548.
- Shares owned after transaction: not disclosed in the supplied filing excerpt.
- Notable footnotes: sales occurred across multiple executions (weighted-average prices reported). Some shares were held in trusts (including a trust where the reporting person and spouse are grantors/trustees/beneficiaries, a spousal lifetime access trust, and a grantor retained annuity trust).
- Filing timeliness: the Form 4 was filed four days after the trades (Feb 10 vs. Feb 6). Form 4s are generally due within two business days, so this filing appears later than the typical deadline.
Context
These were outright sales (not purchases or option exercises). Sales by executives can be routine (e.g., diversification, tax/estate planning, trust transactions) and do not by themselves signal company outlook. There is no indication in the filing of option exercises or awards tied to these transactions.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2]2026-02-06$105.49/sh−47,895$5,052,549→ 942,274 total(indirect: By Trust) - Sale
Ordinary Shares
[F3][F4]2026-02-06$105.50/sh−52,105$5,496,999→ 0 total(indirect: By Trust)
- 117,076
Ordinary Shares
- 100,000(indirect: By Trust)
Ordinary Shares
[F5]
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.98 to $105.93. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
- [F2]Held in a trust, of which the reporting person and his spouse are the grantors, trustees and beneficiaries.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.98 to $105.975. Details on the number of shares sold at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.
- [F4]Held in a spousal lifetime access trust, of which the reporting person's spouse is the trustee and beneficiary.
- [F5]Held in a grantor retained annuity trust of which the reporting person is the grantor, trustee and annuitant, with a remainder interest in favor of the reporting person's children.