Barker Richard B. 4

What Happened Richard B. Barker, EVP and Chief Financial Officer of Noble Corp (NE), sold a total of 150,000 shares in two open-market transactions on March 18, 2026. The first sale was 102,839 shares at a weighted average price of $46.43 for proceeds of $4,774,815; the second sale was 47,161 shares at a weighted average price of $47.07 for proceeds of $2,219,680. Total reported proceeds: $6,994,495. These were sales (not purchases), which are often routine dispositions, here executed under a pre-established plan.

Key Details

• Transaction date: March 18, 2026 (reported on Form 4 filed March 19, 2026) — filing appears timely.
• Sale details:
  • 102,839 shares @ $46.43 (weighted avg) — $4,774,815 (F2 notes actual prices ranged $45.98–$46.705).
  • 47,161 shares @ $47.07 (weighted avg) — $2,219,680 (F3 notes actual prices ranged $46.705–$47.51).
• Plan: The filing states the transactions were executed pursuant to a Rule 10b5-1 plan adopted Dec 12, 2025 (F1).
• Shares owned after transaction: not specified in the information provided in this summary (not reported here).
• Reporting code: S = Sale. The filer also offers to provide per-price breakdowns to the SEC, issuer, or security holders upon request.

Context

• Sales under a Rule 10b5-1 trading plan are prearranged and generally viewed as routine compliance-based disposals rather than direct signals of management’s near-term view on the stock.
• For retail investors, purchases typically carry stronger interpretive weight than planned sales; this filing documents a substantial executive sale but does not by itself indicate a change in company fundamentals.