Douglas Patrice D 4

What Happened
Douglas Patrice D, a director of Noble Corp plc (NE), had restricted stock units (RSUs) convert/vest on Feb 3, 2026. As a result he was issued 3,673 A Ordinary Shares (acquired at $0.00) and those 3,673 shares were disposed (sold) at $36.43 each for $133,807. Separately, 2,450 RSU units were settled in cash at $36.43 for an aggregate cash payment of $89,253.50. In total the vesting/settlement generated about $223,060.50 in value (proceeds + cash settlement).

Key Details

• Transaction date: 2026-02-03; Form filed: 2026-02-05 (filed within standard two-business-day window).
• Shares issued/acquired: 3,673 A Ordinary Shares at $0.00 (RSU vesting).
• Shares sold/disposed: 3,673 shares sold at $36.43 for proceeds of $133,807.
• Cash settlement: 2,450 RSU units settled in cash at $36.43 for $89,253.50.
• Footnotes: F1 — RSUs pay 60% in shares and 40% in cash on vesting; F2 — RSUs vest one year from grant; F3 — cash settlement amount listed above.
• Shares owned after the reported transactions: Not disclosed in the provided filing excerpt.
• No 10b5-1 plan or other trading plan or tax-withholding detail noted in the excerpt.

Context
This was a routine vesting/settlement of equity awards (derivative conversion) rather than an open-market purchase. The shares delivered from the RSUs were effectively sold immediately (cashless settlement), and the remaining portion of the award was paid in cash. Such transactions typically reflect standard compensation mechanics, not necessarily a buy/sell signal about future company prospects.