Howard Jennie 4
Research Summary
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Noble (NE) SVP Jennie Receives RSUs, Sells 6,094 Shares
What Happened Howard (Jennie), Senior Vice President, General Counsel & Corporate Secretary of Noble Corp plc, had 13,531 performance-vested restricted stock units (RSUs) settle on Feb 12, 2026 and disposed of a portion of the shares to cover taxes and via an open-market sale. On Feb 12, 5,325 shares were withheld by the issuer to satisfy tax withholding (value reported $224,183 at $42.10/share). On Feb 13, Jennie sold 6,094 shares in the open market at $42.00/share for proceeds of $255,948. Net result of the settlement and sale: 13,531 vested shares less 5,325 withheld and 6,094 sold = 2,112 shares retained.
Key Details
- Transaction dates and prices:
- 2026-02-12: 13,531 RSUs settled (award/acquisition).
- 2026-02-12: 5,325 shares withheld for taxes at $42.10 (Disposition code F) — $224,183 value.
- 2026-02-13: 6,094 shares sold open market at $42.00 (Disposition code S) — $255,948 proceeds.
- Each performance-vested RSU equals one Class A ordinary share (per filing).
- Shares were withheld by the issuer to satisfy tax withholding on RSU settlement (footnote).
- Filing: Form 4 filed 2026-02-17 reporting period 2026-02-12; filing was within the required reporting window (timely).
Context This was not a purchase—Jennie’s transactions reflect RSU settlement followed by routine tax withholding and a subsequent open-market sale of a portion of the vested shares. Withholding to cover taxes and selling newly vested shares are common ways executives realize net shares/cash after RSU vesting; the filing is factual and does not indicate motivation.