Barker Richard B. 4
Research Summary
AI-generated summary
Noble (NE) EVP/CFO Richard B. Barker Receives 27,371 RSUs
What Happened
- Richard B. Barker, Noble Corp plc’s Executive Vice President and Chief Financial Officer, was granted 27,371 restricted stock units (RSUs) on January 29, 2026. The grant is reported as a derivative award with a reported acquisition price of $0.00 (total $0 on the Form 4 entry). Each RSU represents a contingent right to one Class A ordinary share.
Key Details
- Transaction date: 2026-01-29 (Grant/Award, code A)
- Amount: 27,371 RSUs; reported price $0.00 (derivative award)
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (one-third per year) — per filing footnotes.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-02-02 for a 2026-01-29 grant — appears to be later than the usual two-business-day Form 4 deadline (check filing timeliness).
Context
- RSU grants are a form of compensation, not an open-market purchase or sale; they don’t necessarily indicate immediate insider buying/selling intent. When RSUs vest, they convert to shares (and may trigger tax withholding) — only then do they increase the insider’s reported share count.