Mills Desmond J 4

Accession 0001861969-26-000003

CIK 0001603923other

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 4:32 PM ET

Size

24.1 KB

Accession

0001861969-26-000003

AI-generated summary of this filing

Updated Jan 21, 2026

Weatherford (WFRD) SVP Desmond Mills Receives RSUs; 1,007 Shares Withheld

What Happened

Desmond J. Mills, Senior Vice President & Chief Accounting Officer at Weatherford, had restricted share units (RSUs) vest on January 18, 2026. The vesting resulted in the conversion/acquisition of 2,320 shares (1,367 and 953 shares from separate grants). To cover tax obligations, 1,007 of those shares were withheld (disposed) at $83.74 per share, totaling about $84,326. The conversions are reported as derivative exercises/conversions (code M) and the withholding is reported with code F.

Key Details

Transaction date: January 18, 2026; filing date: January 21, 2026 (Form 4 accession 0001861969-26-000003).
Conversion/acquisition: 1,367 and 953 shares at $0.00 (RSU conversion to common shares), total 2,320 shares.
Withholding/tax payment: 1,007 shares disposed at $83.74 each = $84,326 (code F).
Shares owned after transaction: Not specified in the provided filing data.
Footnotes:
- F1: RSUs granted Jan 18, 2023 (vested in 3 equal annual installments).
- F2: RSUs granted Jan 18, 2024 (vest in 3 equal annual installments).
- F3: Withholding of a portion of vested RSUs to satisfy tax obligations per the 2019 Equity Incentive Plan.

Context

These transactions reflect routine vesting of RSU awards and the standard withholding of shares to cover taxes, not an open-market sale or purchase. The filing shows conversion of awards into shares (derivative exercise/conversion) and a tax-withholding disposition — common, administrative actions that don't necessarily indicate a change in insider sentiment.

Form 4

Period: 2026-01-18

SVP & Chief Accounting Officer

Transactions

Exercise/Conversion
Ordinary Shares
[F1]
2026-01-18+1,367→ 19,266 total
Exercise/Conversion
Ordinary Shares
[F2]
2026-01-18+953→ 20,219 total
Tax Payment
Ordinary Shares
[F3]
2026-01-18$83.74/sh−1,007$84,326→ 19,212 total
Exercise/Conversion
Restricted Share Units
[F1]
2026-01-18−1,367→ 0 total
→ Ordinary Shares (1,367 underlying)
Exercise/Conversion
Restricted Share Units
[F2]
2026-01-18−953→ 953 total
→ Ordinary Shares (953 underlying)

Footnotes (3)

[F1]Represents the vesting of restricted share units ("RSUs") granted on January 18, 2023 pursuant to Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vested in three equal annual installments over the three-year period following the grant date.
[F2]Represents the vesting of RSUs granted on January 18, 2024 pursuant to the 2019 EIP. The RSUs vest in three equal annual installments over the three-year period following the grant date.
[F3]Represents the withholding of a portion of vested RSUs to satisfy the reporting person's tax obligations upon vesting, pursuant to the 2019 EIP and the relevant award agreements.

Signature

Kathy Medford by Power of Attorney|2026-01-21

2 files

Weatherford International plc

CIK 0001603923

Entity typeother