HEMMINGSEN CLAUS 4

What Happened

• Claus Hemmingsen, a Director of Noble Corp (NE), had restricted stock units vest on Feb 3, 2026. Per the filing, 3,673 shares were converted (acquired at $0.00) and immediately sold at $36.43 for $133,807. In addition, 2,450 RSUs were settled in cash for an aggregate $89,253.50. Total cash received reported in the filing is $223,060.50.
• This was not an open‑market purchase but a conversion/settlement of RSUs (a routine compensation/vesting event) followed by an immediate disposition of the shares.

Key Details

• Transaction date: 2026-02-03; filing date: 2026-02-05 (timely filing).
• Converted/acquired: 3,673 shares @ $0.00 (derivative conversion/vesting).
• Sold/disposed: 3,673 shares @ $36.43 for $133,807 (derivative sale).
• Cash settlement: 2,450 RSUs settled for $89,253.50 (footnote).
• Total reported proceeds/cash received: $223,060.50.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 — RSUs pay 60% in A Ordinary Shares and 40% in cash on vesting; F2 — RSUs vest one year from grant; F3 — RSUs settled in cash at $36.43 for $89,253.50.
• Transaction code M indicates exercise/conversion of a derivative; the pattern (conversion then immediate sale/cash settlement) is consistent with routine vesting/tax‑withholding behavior, not a discretionary open‑market buy.

Context

• These transactions reflect RSU vesting with a cash settlement component and an immediate sale of the vested shares (cashless-like action). Such conversions and sell‑to‑cover actions are common for fulfilling tax withholding and do not, by themselves, indicate the director is taking a new bullish or bearish public stance.