Howard Jennie 4
4 · Noble Corp plc · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Noble (NE) SVP Jennie Howard Receives RSUs; Shares Withheld for Taxes
What Happened
Jennie Howard, Senior Vice President, General Counsel & Corporate Secretary of Noble Corp (NE), had restricted stock units (RSUs) convert into 9,016 Class A ordinary shares on February 3, 2026. To cover tax withholding obligations, 3,550 of those shares were withheld (980 + 2,570) at an effective price of $36.43 per share, totaling $129,326 ($35,701 + $93,625). The net shares issued to Howard after withholding were 5,466. The filing shows the RSUs were converted (derivative exercise/conversion) and shares were withheld to satisfy taxes — this is a vesting/event-driven transaction, not an open-market buy or sale.
Key Details
- Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (timely).
- Vesting/conversion: 9,016 RSUs converted to shares (2,485 + 6,531).
- Tax withholding: 3,550 shares withheld (980 and 2,570) at $36.43/share = $129,326.
- Net shares received: 5,466.
- Shares owned after transaction: not specified in the provided filing details.
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld to satisfy tax withholding.
- Footnotes: RSUs convert 1-for-1 to Class A shares (F1); withheld shares are to satisfy tax on RSU vesting (F2); vesting schedules noted in filing (grants dated Feb 3, 2023 and Feb 3, 2025 with three-year annual installments) (F3, F4).
Context: This was a routine RSU vesting with cashless withholding for taxes — common for employees receiving equity compensation. It is not an open-market purchase or sale that would necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
A Ordinary Shares
[F1]2026-02-03+2,485→ 13,069 total - Tax Payment
A Ordinary Shares
[F2]2026-02-03$36.43/sh−980$35,701→ 12,089 total - Exercise/Conversion
A Ordinary Shares
[F1]2026-02-03+6,531→ 18,620 total - Tax Payment
A Ordinary Shares
[F2]2026-02-03$36.43/sh−2,570$93,625→ 16,050 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-03−2,485→ 44,071 total→ A Ordinary Shares (2,485 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-03−6,531→ 37,540 total→ A Ordinary Shares (6,531 underlying)
Footnotes (4)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one Class A Ordinary Share.
- [F2]Shares withheld by Issuer to satisfy tax withholding requirements on vesting of RSUs.
- [F3]The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 3, 2023.
- [F4]The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, which was February 3, 2025.