HOLTH KRISTIN 4

What Happened

• Kristin Holth, a director of Noble Corp plc (NE), had restricted stock units (RSUs) vest on 2026-02-03. As structured, 60% of the RSUs were converted into 3,673 A Ordinary Shares (acquired at $0.00) and those 3,673 shares were sold the same day at $36.43 for proceeds of $133,807. Additionally, 2,450 RSUs were settled in cash at $36.43 for an aggregate cash payment of $89,253.50. Total proceeds from the cash settlement and sale were about $223,060.50.

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (timely filing).
• Shares acquired: 3,673 shares upon RSU conversion (acquisition price reported $0.00).
• Shares sold: 3,673 shares at $36.43 each for $133,807 (Disposition, code M).
• Cash settlement: 2,450 RSUs settled in cash at $36.43 each for $89,253.50 (reported as a derivative disposition).
• Total cash received (sale + cash settlement): ≈ $223,060.50.
• Shares owned after transaction: not specified in the provided filing details.
• Relevant footnotes:
  • F1: Upon vesting, each RSU is payable 60% in A Ordinary Shares (1-for-1) and 40% in cash based on share value at vesting.
  • F2: RSUs vest one year from grant.
  • F3: The 2,450 RSUs were settled in cash at $36.43 for $89,253.50.

Context

• The filing shows RSUs vesting and being converted/settled rather than an open-market purchase; the share conversion and immediate sale is a common pattern when RSUs vest and holders sell shares (often to cover taxes or diversify), and does not by itself indicate a change in insider sentiment. Transaction code M indicates exercise or conversion of a derivative (here, RSU conversion).