Eifler Robert W. 4
Research Summary
AI-generated summary
Noble (NE) CEO Robert W. Eifler Receives RSUs; Shares Withheld
What Happened
- Robert W. Eifler, President & CEO and Director of Noble Corp (NE), had 16,980 restricted stock units (RSUs) convert into Class A ordinary shares on January 26, 2026. The issuer withheld 6,895 of those shares to satisfy tax withholding obligations (valued at $34.88 per share, total $240,498), leaving a net delivery of 10,085 shares to Eifler. This transaction reflects award vesting and tax withholding, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-01-26; Form 4 filed 2026-01-28 (no indication filing was late).
- Primary actions reported: conversion/exercise of derivatives/RSUs (code M) for 16,980 shares; tax-withholding disposition (code F) of 6,895 shares at $34.88/share = $240,498.
- Net shares delivered to insider: 10,085 (16,980 vested − 6,895 withheld).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes from the filing:
- F1: Each RSU represents a contingent right to one Class A ordinary share.
- F2: Shares were withheld by the issuer to satisfy tax withholding on vesting.
- F3: RSUs vest in three equal annual installments beginning Jan 26, 2024 (this was a scheduled vesting date).
Context
- This was a routine vesting of RSUs and partial share withholding for taxes (common practice); it is not an open-market sale or a buy. For derivative/RSU transactions, the filing often shows both the conversion (acquisition of shares) and the withholding (disposition of a portion to pay taxes). The withholding value gives a sense of the tax liability realized on vesting but does not indicate the CEO bought or sold stock in the market.