Denton Blake 4
4 · Noble Corp plc · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Noble (NE) SVP Denton Blake Vests RSUs; Shares Withheld for Taxes
What Happened
Denton Blake, Senior Vice President — Marketing & Contracts at Noble Corp (NE), had restricted stock units (RSUs) convert to 8,747 Class A ordinary shares on February 3, 2026. To satisfy tax withholding on the vesting, the issuer withheld 1,445 shares (valued at $52,641) and 2,008 shares (valued at $73,151), for a total withheld value of about $125,792. After withholding, Blake received a net 5,294 shares.
Key Details
- Transaction date reported: 2026-02-03; Form 4 filed: 2026-02-05 (filed timely).
- Conversions/exercises (code M): 3,645 and 5,102 RSUs converted into shares (total 8,747). Two corresponding derivative-disposition lines show $0 value reflecting vesting/conversion.
- Tax withholding (code F): 1,445 shares withheld @ $36.43 = $52,641; 2,008 shares withheld @ $36.43 = $73,151; total withheld ≈ $125,792.
- Net shares retained by Blake from these vestings: 5,294 (8,747 issued − 3,453 withheld).
- Footnotes: each RSU converts to one Class A share. Footnotes indicate two RSU grants with different vesting schedules (one vesting series began Feb 3, 2023; another began Feb 3, 2025). Withholding was done by the issuer to satisfy tax obligations (cashless-like settlement).
Context: This is a routine vesting of RSUs with shares withheld for taxes (not an open-market sale or purchase). Such withholding to cover tax liabilities is common and does not by itself indicate a buy/sell signal.
Insider Transaction Report
- Exercise/Conversion
A Ordinary Shares
[F1]2026-02-03+3,645→ 88,831 total - Tax Payment
A Ordinary Shares
[F2]2026-02-03$36.43/sh−1,445$52,641→ 87,386 total - Exercise/Conversion
A Ordinary Shares
[F1]2026-02-03+5,102→ 92,488 total - Tax Payment
A Ordinary Shares
[F2]2026-02-03$36.43/sh−2,008$73,151→ 90,480 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-03−3,645→ 33,413 total→ A Ordinary Shares (3,645 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-03−5,102→ 28,311 total→ A Ordinary Shares (5,102 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.