Barker Richard B. 4

What Happened

• Richard B. Barker, EVP and Chief Financial Officer of Noble Corp plc, had 36,083 performance-vested Restricted Stock Units (RSUs) settle on Feb 12, 2026. Per the filing, 14,199 of those shares were withheld by the issuer to satisfy tax withholding obligations at a price of $42.10 per share (total withheld value $597,778). Net shares delivered to Barker after withholding were 21,884 (36,083 granted minus 14,199 withheld).
• This was an award/settlement of RSUs (code A for grant/award; code F for tax withholding), not an open-market purchase or a discretionary sale.

Key Details

• Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (appears later than the typical 2-business-day reporting deadline).
• Award: 36,083 performance-vested RSUs (each RSU = contingent right to receive one Class A Ordinary Share; grant originally tied to RSUs awarded Feb 3, 2023).
• Tax withholding: 14,199 shares withheld at $42.10 per share for taxes = $597,778 (reported as a disposition under code F).
• Net shares retained by insider after withholding: 21,884.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: RSUs were performance-vested and each represents a right to one Class A share; withholding was done by the issuer to satisfy tax liabilities.

Context

• This is a routine RSU settlement and issuer tax-withholding; the withholding shows up as a disposition but does not necessarily indicate the insider sold shares for investment reasons (it’s a tax-related transfer).
• Such awards are common as part of long-term compensation; purchases (bullish signals) are generally more informative than routine awards/withholdings.