Eifler Robert W. 4
Research Summary
AI-generated summary
Noble (NE) CEO Robert Eifler Sells 50,000 Shares
What Happened
Robert W. Eifler, President & CEO and a director of Noble Corp plc (NE), sold a total of 50,000 shares in two open-market transactions on June 15, 2026 for total proceeds of $2,275,389. The sales were: 32,929 shares at a weighted average price of $45.40 (proceeds $1,495,108) and 17,071 shares at a weighted average price of $45.71 (proceeds $780,281). These were sales (S), which are often routine cashing-out transactions.
Key Details
- Transaction date reported: June 15, 2026; Form 4 filed June 17, 2026.
- Prices reported as weighted averages: $45.40 (32,929 shares) and $45.71 (17,071 shares).
- Footnote F2: actual prices for the first block ranged $45.095–$45.545.
- Footnote F3: actual prices for the second block ranged $45.55–$46.13.
- The reporting person will provide per-price details upon request.
- Footnote F1: Sales were made pursuant to a Rule 10b5-1 trading plan adopted Dec 12, 2025 (pre-authorized plan).
- Shares owned after the transaction: not specified in the information provided.
- No indication in the provided data that the filing was late.
Context
A Rule 10b5-1 plan indicates these sales were pre-scheduled under an established plan rather than ad-hoc trades. Sales by executives are common for diversification or liquidity reasons; they do not by themselves signal company performance.