Howard Jennie 4

What Happened

• Jennie Howard, SVP, General Counsel & Corporate Secretary of Noble Corp (NE), had 3,622 restricted stock units (RSUs vest) convert to shares on January 26, 2026. To satisfy tax withholding, the issuer withheld 1,618 of those shares at $34.88 each, generating $56,436 in tax withholding. The net shares delivered to Howard were 2,004 (3,622 vested − 1,618 withheld).
• This was not an open-market sale or purchase by the insider but a routine vesting of RSUs with shares withheld to cover taxes.

Key Details

• Transaction date: January 26, 2026 (Form filed Jan 28, 2026 — appears filed within the typical two-business-day window).
• Vesting/conversion: 3,622 RSUs converted to 3,622 Class A ordinary shares (reported as derivative exercise/conversion, code M).
• Tax withholding: 1,618 shares withheld by the issuer at $34.88/share for $56,436 (code F).
• Net shares delivered to insider: 2,004 shares.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Relevant footnotes:
  • 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: The RSUs vest in three equal annual installments beginning Jan 26, 2024 (vesting schedule).

Context

• This was a vesting/tax-withholding event (common and typically administrative) rather than a discretionary sale or purchase that signals investment intent.
• For clarity: “Exercise/conversion of derivative” here reflects RSUs converting into shares; the withholding of shares to cover taxes is routine and recorded as a disposition (code F).