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Nabors Industries (NYSE: NBR) director to sell 3,200 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NABORS INDUSTRIES LTD (NBR) received a notice that director David J. Tudor, through the Tudor Family Revocable Trust for which he serves as trustee, intends to sell common shares under Rule 144. The notice covers 3,200 common shares, with an aggregate market value of $294,460.84, to be sold through Wells Fargo Clearing Services on the NYSE. The company reported 15,961,327 common shares outstanding in connection with this notice. The shares were granted on July 24, 2025 as a restricted stock grant from the issuer and vested on July 24, 2026.

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Shares to be sold 3,200 common shares Number of NBR shares covered by the Rule 144 notice
Aggregate market value $294,460.84 Reported value of the 3,200 NBR shares to be sold
Shares outstanding 15,961,327 common shares NABORS INDUSTRIES LTD common shares outstanding referenced in the notice
Grant date July 24, 2025 Date the restricted stock underlying the proposed sale was granted
Vesting date July 24, 2026 Date the restricted stock vested before the Rule 144 sale notice
Notice date August 28, 2026 Date of the Rule 144 notice filed for the proposed sale
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Grant financial
"common | 07/24/2026 | Restricted Stock Grant | Issuer"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Revocable Trust financial
"account of the Tudor Family Revocable Trust, David J Tudor as trustee."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

What does the Form 144 filing disclose for NABORS INDUSTRIES LTD (NBR)?

It discloses that David J. Tudor, a director of NABORS INDUSTRIES LTD, via the Tudor Family Revocable Trust, has filed a notice of proposed sale under Rule 144 for 3,200 common shares of NBR, with an aggregate market value of $294,460.84.

How many NBR shares are covered by David J. Tudor’s Rule 144 notice?

The notice covers 3,200 common shares of NABORS INDUSTRIES LTD to be sold under Rule 144. These shares relate to a restricted stock grant that vested on July 24, 2026.

What is the reported market value of the NBR shares in this Form 144?

The Form 144 reports an aggregate market value of $294,460.84 for the 3,200 common shares of NABORS INDUSTRIES LTD covered by the notice of proposed sale.

How many NABORS INDUSTRIES LTD shares were outstanding in this Form 144?

In connection with the notice, NABORS INDUSTRIES LTD reported 15,961,327 common shares outstanding. This figure is provided as context in the Form 144 and is separate from the 3,200 shares covered by the proposed sale.

When were the NBR shares granted and vested for the Tudor Family Revocable Trust?

According to the notice, the shares were granted on July 24, 2025 as a restricted stock grant from the issuer and vested on July 24, 2026 before the planned sale under Rule 144.

Which broker is handling the proposed NBR share sale under this Form 144?

The proposed sale of 3,200 common shares of NABORS INDUSTRIES LTD is listed as being through Wells Fargo Clearing Services, with trading on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature