Mutschler Jacqueline C 4

What Happened Jacqueline C. Mutschler, a director of Weatherford International plc (WFRD), had restricted share units (RSUs) vest on March 7, 2026. A total of 4,566 vested RSUs were settled: 1,690 underlying shares were paid out in cash (disposed) at $90.80 each for proceeds of $153,452, and the remaining vested RSUs were delivered as shares (net retained shares ≈ 2,876). In addition, Mutschler received a new grant of 2,497 RSUs on March 7, 2026 that vest in full on the first anniversary of the grant. The zero per-share exercise prices reflect RSU settlement (not stock-option purchases).

Key Details

• Transaction date(s): March 7, 2026; Form 4 filed March 10, 2026 (timeliness not indicated in supplied data).
• Sale: 1,690 shares disposed at $90.80 each = $153,452 (cash settlement of portion of vested RSUs).
• Vesting/settlement: 4,566 RSUs vested in total; approximately 2,876 shares were delivered to the insider after the cash portion.
• Grant: 2,497 RSUs granted on March 7, 2026; these RSUs vest in full on March 7, 2027 (per footnote).
• Nature of transaction: Compensation-related RSU vesting and partial cash settlement (codes A = award/grant, M = conversion/settlement of derivative).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes: F1 = vesting of RSUs granted 3/7/2025; F2 = committee elected partial cash settlement (deemed disposition) for a portion of vested RSUs; F3 = new RSU grant vesting in one year.

Context

• These transactions are compensation-driven (RSU vesting with partial cash settlement), a common insider event that often funds taxes or provides liquidity rather than indicating a buy/sell signal.
• Because the vesting involved RSUs (derivatives settled in stock/cash), this is different from an option “exercise for cash” or an open-market sale; the cash payment represents the company settling part of the award.
• No 10b5-1 plan or late-filing status was indicated in the supplied details.