Noble Corp plc·4

Feb 5, 5:21 PM ET

Eifler Robert W. 4

4 · Noble Corp plc · Filed Feb 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Noble (NE) CEO Robert Eifler Exercises/Receives RSUs; Shares Withheld

What Happened

  • Robert W. Eifler, President & CEO and director of Noble Corp plc (NE), had restricted stock units (RSUs) convert to company shares on February 3, 2026. Two conversion events resulted in 20,875 and 26,023 shares (46,898 total) being issued. To satisfy tax withholding obligations, the issuer withheld 8,215 and 10,241 shares respectively (18,456 total), with reported withholding payments of $299,272 and $373,080 (≈ $672,352 total).
  • The filing shows conversion/exercise entries and corresponding tax-withholding (codes M for conversion/exercise of a derivative and F for payment of tax liability). Some lines show the derivative conversion recorded as a $0 disposal, reflecting conversion of the RSUs into shares rather than a market sale.

Key Details

  • Transaction date: February 3, 2026; filing date (Form 4): February 5, 2026 (timely).
  • Specifics: 20,875 and 26,023 RSUs converted; 8,215 and 10,241 shares withheld for taxes at $36.43 per share for the withholding calculation (total withholding cash reported $299,272 and $373,080).
  • Total shares issued on vesting: 46,898; total shares withheld for taxes: 18,456.
  • Shares owned after the transaction: Not disclosed in this filing.
  • Footnotes: F1—each RSU equals a contingent right to one Class A ordinary share; F2—shares were withheld by the issuer to satisfy tax withholding on RSU vesting; F3/F4—RSUs vest in three equal annual installments starting on the grant dates (Feb 3, 2023 and Feb 3, 2025 for the respective awards).
  • Filing timeliness: Reported within the normal Form 4 deadline (not marked late).

Context

  • This was not an open-market sale or a new purchase — it reflects RSUs vesting/being converted into shares and the company withholding a portion of those shares to cover taxes (a routine, cashless-withholding tax settlement).
  • Transaction codes: M = exercise/conversion of derivative (here, RSUs converting to shares); F = payment of exercise price or tax liability (shares withheld to cover taxes). These types of transactions typically reflect compensation vesting rather than a CEO buying or selling stock for investment purposes.

Insider Transaction Report

Form 4
Period: 2026-02-03
Eifler Robert W.
DirectorPresident & CEO
Transactions
  • Exercise/Conversion

    A Ordinary Shares

    [F1]
    2026-02-03+20,8751,267,325 total
  • Tax Payment

    A Ordinary Shares

    [F2]
    2026-02-03$36.43/sh8,215$299,2721,259,110 total
  • Exercise/Conversion

    A Ordinary Shares

    [F1]
    2026-02-03+26,0231,285,133 total
  • Tax Payment

    A Ordinary Shares

    [F2]
    2026-02-03$36.43/sh10,241$373,0801,274,892 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-02-0320,875181,944 total
    A Ordinary Shares (20,875 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-02-0326,023155,921 total
    A Ordinary Shares (26,023 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.
Signature
/s/ Jennie Howard, as attorney-in-fact|2026-02-05

Documents

1 file
  • 4
    wk-form4_1770330074.xmlPrimary

    FORM 4