ALTING CAROLINE 4

What Happened
Caroline Alting, SVP, Operations Excellence & Sustainability at Noble Corp (NE), had 3,622 restricted stock units (RSUs) vest on January 26, 2026. The company issued 3,622 shares on conversion of those RSUs; 1,618 shares were withheld by the issuer to satisfy tax withholding at $34.88 per share (value $56,436), leaving approximately 2,004 shares delivered to her. This was not an open-market purchase or discretionary sale but the routine vesting and settlement of an equity award.

Key Details

• Transaction date: January 26, 2026; Form 4 filed January 28, 2026 (filed within standard two-business-day window).
• Vesting/conversion: 3,622 RSUs converted to 3,622 Class A ordinary shares (transaction code M).
• Tax withholding: 1,618 shares withheld to cover taxes at $34.88/share for a withholding value of $56,436 (transaction code F).
• Net shares delivered to insider: ~2,004 shares (3,622 − 1,618). Estimated gross value of all shares at $34.88 ≈ $126,335; net delivered value ≈ $69,900.
• Footnotes: F1—each RSU = right to one Class A share; F2—issuer withheld shares for tax withholding; F3—these RSUs vest in three equal annual installments beginning Jan 26, 2024 (this appears to be the 2nd installment).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filing appears timely (filed two days after vesting).

Context
This filing reflects a routine RSU vesting and the issuer’s tax-withholding in shares (a common practice). The only shares "disposed" were withheld to satisfy tax obligations; there was no open-market sale or purchase reported, so this does not indicate a discretionary insider sale or buy.