Dhruv Anuj Hasit 4

4 · Weatherford International plc · Filed Mar 10, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

Weatherford (WFRD) EVP & CFO Dhruv Hasit Receives Equity Award

What Happened

Dhruv Anuj Hasit, Weatherford International's Executive VP and Chief Financial Officer, was granted a total of 20,640 equity units on March 7, 2026: 8,256 restricted share units (RSUs) and 12,384 performance share units (PSUs). Each grant was reported at $0.00 per unit (awards/derivatives), so no cash was paid in this transaction.

Key Details

Transaction date: March 7, 2026; Form 4 filed March 10, 2026 (appears timely).
Grants: 8,256 RSUs (F1) and 12,384 PSUs (F2); total = 20,640 units.
Price: $0.00 per unit (award/derivative grant).
Shares owned after transaction: not disclosed in this filing.
Footnotes: RSUs vest in three equal annual installments after the grant. PSUs are performance-based (target = 12,384 units) and may pay 0%–200% of target depending on performance for fiscal years 2026–2028.
No 10b5-1 plan, tax withholding, cash exercise, or sale reported in this filing.

Context

These are award grants (derivative units), not open-market purchases or sales; they represent compensation tied to time (RSUs) and future performance (PSUs), so they do not by themselves signal a buy/sell view by the insider. PSUs will only convert to shares (and possibly a higher or lower payout) based on Weatherford’s actual performance over the 2026–2028 performance period.

Form 4

Period: 2026-03-07

EVP and CFO

Transactions

Award
2026 Restricted Share Units
[F1]
2026-03-07+8,256→ 8,256 total
→ Ordinary Shares (8,256 underlying)
Award
2026 Performance Share Units
[F2]
2026-03-07+12,384→ 12,384 total
→ Ordinary Shares (12,384 underlying)

Footnotes (2)

[F1]Represents restricted share units ("RSUs") granted on March 7, 2026 pursuant to the Issuer's 2019 Equity Incentive Plan, as amended and restated (the "2019 EIP"). The RSUs vest in three equal annual installments over the three-year period following the grant date.
[F2]Represents performance share units ("PSUs") granted on March 7, 2026 under the 2019 EIP. The number of PSUs reported is the target award and may be subject to a payout ranging from 0% to 200% of the target award depending on the actual achievement of the performance goals at the end of the performance period. The PSUs vest based on actual performance during the Issuer's three fiscal years beginning on January 1, 2026 and ending December 31, 2028.

Signature

Kathy Medford by Power of Attorney|2026-03-10

1 file