SLEDGE CHARLES M 4

What Happened
Charles M. Sledge, a director of Noble Corp plc (NE), had restricted stock units (RSUs) vest on 2026-02-03. The filing shows 4,867 shares were converted/issued (acquired at $0.00) and immediately disposed of at $36.43 each for proceeds of $177,305. Separately, 3,246 RSUs were settled in cash at $36.43 for an aggregate cash payment of $118,251.78. Combined proceeds total about $295,556.78. This was a conversion/settlement of RSUs with immediate sale/cash settlement (not a purchase).

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (appears timely).
• Shares converted/acquired: 4,867 shares at $0.00 (RSU conversion).
• Shares disposed/sold: 4,867 shares at $36.43 = $177,305 (sale of converted shares).
• Cash settlement: 3,246 RSUs settled in cash at $36.43 = $118,251.78.
• Total proceeds: ≈ $295,556.78.
• Footnotes of note:
  • F3/F4: RSUs pay 60% in A Ordinary Shares and 40% in cash at vesting; RSUs vest one year from grant.
  • F5: Confirms the cash settlement amount ($36.43 × 3,246 = $118,251.78).
  • F1/F2: Some shares are held by a child of the reporting person and the reporting person may be deemed to have beneficial ownership; F2 notes loss of beneficial ownership for 4,167 shares held by an adult child.
• Shares owned after the transaction are not specified in the provided summary.

Context

• This was an RSU vesting/settlement event (derivative conversion, transaction code M), with the share portion immediately sold—effectively a cashless settlement for the equity portion and a direct cash payout for the remainder. Such transactions are typically routine compensation settlements rather than a direct buy/sell signal about the insider's view of the stock.