Kawaja Joey M 4

What Happened

• Joey M. Kawaja, Senior Vice President, Operations at Noble Corp (NE), had 4,528 restricted stock units (RSUs vest) convert into Class A ordinary shares on January 26, 2026. To satisfy tax withholding, 2,022 of those shares were withheld and treated as disposed at $34.88 per share, generating $70,527. The net shares issued to Kawaja after withholding were 2,506.
• This transaction is the vesting/conversion of RSUs (an award), not an open-market purchase or sale by the insider—routine compensation vesting rather than a directional trade.

Key Details

• Transaction date: 2026-01-26; Filing date: 2026-01-28 (filed within the typical two-business-day Form 4 window).
• Shares vesting/conversion: 4,528 RSUs converted to shares (reported as exercise/conversion, code M).
• Tax withholding: 2,022 shares withheld/disposed to satisfy tax liability at $34.88 per share; proceeds = $70,527 (reported under code F).
• Net shares delivered to insider: 2,506 (4,528 − 2,022).
• Footnotes: F1—each RSU converts to one Class A share; F2—shares were withheld to satisfy tax withholding; F3—these RSUs vest in three equal annual installments beginning Jan 26, 2024.
• Shares owned after the transaction were not specified in the provided filing details.

Context

• This was a routine RSU vesting event (derivative conversion) with a cashless-type tax withholding; it reflects compensation mechanics rather than an insider buying or selling on the open market.
• For retail investors, vested awards are common and do not necessarily signal the insider’s market view.