Noble Corp plc·4

Feb 17, 9:52 PM ET

Kawaja Joey M 4

Research Summary

AI-generated summary

Updated

Noble (NE) SVP Joey Kawaja Sells 19,725 Shares

What Happened
Joey M. Kawaja, Senior Vice President, Operations at Noble Corp (NE), had 19,849 performance-vested restricted stock units (RSUs) settle on Feb 12, 2026. To cover tax withholding, 7,810 of those shares were surrendered at an imputed price of $42.10 (value ≈ $328,801). On Feb 13, 2026 Kawaja sold 19,725 shares in the open market at a weighted average price of $43.51, generating proceeds of about $858,235. These actions reflect vesting and routine monetization rather than a new purchase.

Key Details

  • Transactions: Award/vesting (A) of 19,849 RSUs on 2026-02-12; shares withheld for taxes (F) of 7,810 @ $42.10 (≈ $328,801); open-market sale (S) of 19,725 shares on 2026-02-13 @ weighted avg $43.51 (≈ $858,235).
  • Footnotes: RSUs were performance‑vested awards granted Feb 3, 2023; each RSU converts to one Class A share; shares were withheld to satisfy tax withholding. The sale price is a weighted average ($43.49–$43.57 range); the filer can provide per-price breakdown on request.
  • Shares owned after the transactions: not specified in the filing.
  • Timeliness: Filing date is 2026-02-17 for transactions on Feb 12–13. That is outside the typical 2-business-day Form 4 reporting window, so investors may want to note the later filing date.

Context
These were vested performance RSUs rather than option exercises. The tax withholding (code F) is a common cashless method where the company retains shares to cover taxes; the subsequent open-market sale (code S) appears to be routine monetization of equity received on vesting. This report is informational—it documents the vesting and sale but does not by itself indicate the insider’s future view of the company.