Howard Jennie 4

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.