Kawaja Joey M 4
4 · Noble Corp plc · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Noble Corp (NE) SVP Joey Kawaja Sells 40,000 Shares
What Happened
Joey M. Kawaja, Senior Vice President, Operations at Noble Corp (NE), sold 40,000 shares in an open-market sale on May 5, 2026. The transactions totaled approximately $1,994,200 based on a weighted average price of $49.85 per share (reported as a sale, code S). Sales of company stock by executives are often routine (e.g., liquidity or diversification) and not necessarily a signal of company prospects.
Key Details
- Transaction date: May 5, 2026 (reported on Form 4 filed May 7, 2026) — filing appears timely.
- Price: Weighted average $49.85; reported price range for the trades was $49.635 to $50.155 (footnote F1).
- Shares sold: 40,000; proceeds ≈ $1,994,200.
- Shares owned after transaction: Not specified in the supplied excerpt; the filing corrects a prior administrative error that had over-reported direct holdings by 3 shares (footnote F2).
- Footnotes: F1 discloses the price range and willingness to provide per-price breakdown on request; F2 corrects a prior reporting error (3-share overstatement).
Context
This was an open-market sale (not an option exercise, grant, or gift). Such sales are common among executives for personal financial reasons and should be interpreted cautiously; they do not by themselves prove a change in company outlook.
Insider Transaction Report
- Sale
A Ordinary Shares
[F1][F2]2026-05-05$49.85/sh−40,000$1,994,200→ 40,071 total
Footnotes (2)
- [F1]This price reflects the weighted average price for open-market sales of Shares on May 5, 2026 within a $1.00 range. The actual prices for these transactions range from $49.635 to $50.155, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares sold at each separate price.
- [F2]The Reporting Person's Form 4 filed on February 17, 2026 over-reported the number of Shares held directly by 3 Shares due to an administrative error. The amount reported in Column 5 of this Form 4 has been updated to correct this error.