IPSEN MIKKEL 4

What Happened

• Mikkel Ipsen, Senior Vice President — Human Resources at Noble Corp plc, had 2,264 restricted stock units (RSUs vest) on January 26, 2026. The RSUs converted to 2,264 Class A ordinary shares.
• To satisfy tax withholding, the issuer withheld 1,011 of those shares at a per-share value of $34.88, totaling $35,264. After withholding, Ipsen received a net of 1,253 shares.
• This was a vesting/settlement of an award (not an open-market purchase or a conventional sale). The withholding is a routine tax-related disposition, not necessarily an indicator of sentiment.

Key Details

• Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (reporting appears timely).
• Vesting/conversion: 2,264 RSUs → 2,264 shares (derivative conversion).
• Tax withholding: 1,011 shares withheld at $34.88 per share = $35,264.
• Net shares delivered to insider: 2,264 − 1,011 = 1,253 shares.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each RSU = contingent right to one Class A share; F2 — shares withheld to satisfy tax withholding; F3 — RSUs vest in three equal annual installments starting Jan 26, 2024 (this was the second installment).

Context

• This was a standard RSU vest/settlement with a portion withheld for taxes (cashless withholding). Such withholding is administrative and common; it should not be read as an open-market sale or purchase signal.
• No 10b5-1 plan, gift, or 10% owner activity is indicated in this filing.