Kawaja Joey M 4
4 · Noble Corp plc · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Noble (NE) SVP Joey Kawaja Receives RSU Shares; Taxes Withheld
What Happened
Joey M. Kawaja, Senior Vice President, Operations at Noble Corp (NE), had two RSU tranches convert to shares on February 3, 2026 (3,645 and 7,552 RSUs; total 11,197). The issuer withheld 1,435 and 2,972 shares (4,407 total) to cover tax withholding at $36.43/share, producing withholding proceeds of $52,277 and $108,270 (total $160,547). The gross value of the vested shares was about $407,907 and the net shares delivered to Kawaja were 6,790 (net value ≈ $247,360). These were vesting/settlement events (award conversion), not open-market purchases or sales.
Key Details
- Transaction date: February 3, 2026; Form filed February 5, 2026 (filed timely).
- Conversion (code M): 3,645 RSUs and 7,552 RSUs vested/converted to ordinary shares. Exercise price $0 (RSUs).
- Tax withholding (code F): 1,435 and 2,972 shares withheld at $36.43/share, totaling $160,547 withheld.
- Net shares issued to insider: 6,790 shares (11,197 gross − 4,407 withheld).
- Footnotes: F1 = each RSU = right to one Class A share; F2 = shares withheld for tax withholding; F3/F4 = RSUs vest in three equal annual installments for grants dated Feb 3, 2023 and Feb 3, 2025.
- Shares owned after transaction: not specified in the filing.
Context
This was a routine RSU vesting and cashless tax-withholding settlement (issuer withheld shares to satisfy taxes). Such transactions reflect compensation vesting rather than a managerial open-market buy or sell; they don’t, by themselves, indicate the insider’s market view.
Insider Transaction Report
- Exercise/Conversion
A Ordinary Shares
[F1]2026-02-03+3,645→ 84,615 total - Tax Payment
A Ordinary Shares
[F2]2026-02-03$36.43/sh−1,435$52,277→ 83,180 total - Exercise/Conversion
A Ordinary Shares
[F1]2026-02-03+7,552→ 90,732 total - Tax Payment
A Ordinary Shares
[F2]2026-02-03$36.43/sh−2,972$108,270→ 87,760 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-03−3,645→ 50,355 total→ A Ordinary Shares (3,645 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-03−7,552→ 42,803 total→ A Ordinary Shares (7,552 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.