IPSEN MIKKEL 4

What Happened

• Mikkel Ipsen, SVP Human Resources at Noble Corp (NE), had 10,824 performance-vested Restricted Stock Units (RSUs convert to shares) settle on Feb 12, 2026. Of those, 4,260 shares were withheld to cover tax liabilities (disposed at an imputed $42.10/share, $179,346) and 3,453 shares were sold in an open-market sale on Feb 17, 2026 at $43.56/share for $150,413. The remaining shares were retained. This was not a purchase — it was the vesting/settlement of RSUs with partial sale and tax withholding.

Key Details

• Vesting/settlement (conversion of RSUs to shares): 10,824 shares on 2026-02-12 (no per-share acquisition price reported).
• Tax withholding: 4,260 shares withheld on 2026-02-12 at $42.10 — $179,346 (disposition to satisfy taxes).
• Open-market sale: 3,453 shares sold on 2026-02-17 at $43.56 — $150,413 (reported as sale).
• Shares owned after these transactions: approximately 3,111 shares retained from this settlement (10,824 − 4,260 − 3,453 = 3,111) — calculated from the reported transactions.
• Footnotes: F1–F3 indicate these were performance-vested RSUs granted Feb 3, 2023; each RSU equals one Class A share; shares were withheld to satisfy tax withholding on settlement.
• No 10b5-1 plan or late-filing flag is reported in the provided filing information.

Context

• This is a routine RSU settlement with shares withheld for taxes and a partial sale to monetize proceeds; such sales to cover tax obligations are common and do not necessarily indicate a change in insider sentiment. The primary corporate action was conversion/settlement of performance RSUs rather than a new purchase.