HOLTH KRISTIN 4
Research Summary
AI-generated summary
Noble (NE) Director Kristin Holth Receives RSUs, Sells Shares
What Happened
- Kristin Holth, a director of Noble Corp plc (NE), had restricted stock units (RSUs) vest on 2026-04-29. The award converted 60% into A ordinary shares (3,649 shares) and 40% into a cash payment (2,433 units), per the RSU terms. The 3,649 shares were reported as acquired at $0.00 and then disposed (sold) at $50.95 for proceeds of $185,917; the cash portion was $123,961.35. Aggregate value received ≈ $309,878.35.
Key Details
- Transaction date: April 29, 2026. Filing date: May 1, 2026 (timely filing).
- Share details: 3,649 shares issued (acquired at $0.00), those 3,649 shares sold at $50.95 for $185,917.
- Cash settlement: 2,433 RSUs settled in cash at $50.95 for $123,961.35.
- Aggregate value: ≈ $309,878.35.
- Footnotes: F1 — RSUs pay 60% in shares and 40% in cash on vesting; F2 — these RSUs vested under accelerated vesting provisions; F3 — cash settlement calculated at $50.95.
- Shares owned after transaction: Not specified in the filing.
Context
- Although reported under a conversion/exercise code (M), the filing shows vested RSUs rather than a typical stock-option exercise. The share portion was effectively sold immediately (a cashless-like settlement), while the 40% cash portion was paid out. This is a routine insider vesting/settlement event and does not, by itself, indicate the director’s market view.