Nabors Industries (NYSE: NBR) director to sell 3,200 shares
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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Key Figures
Shares to be sold: 3,200 common shares
Aggregate market value: $294,460.84
Shares outstanding: 15,961,327 common shares
+3 more
6 metrics
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
Key Terms
Rule 144, Restricted Stock Grant, Revocable Trust
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.