[Form 3] NABORS INDUSTRIES LTD Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Nabors Industries Ltd. (NBR) filed an initial insider ownership report for its Chief Financial Officer. As of 10/01/2025, the CFO beneficially owned 14,401 shares of common stock, held directly.

The reported balance includes 9,558 unvested restricted shares across five grants with stated vesting schedules: 686 vest on Feb 11, 2026; 1,134 vest equally on Feb 15, 2026 and 2027; 603 vest on Feb 15, 2026; 1,987 vest equally on Feb 19, 2026, 2027, and 2028; and 5,148 vest in four equal annual installments beginning Feb 18, 2026.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Rodriguez Rodriguez Miguel Angel

(Last) (First) (Middle)

C/O NABORS CORPORATE SERVICES, INC.

515 W. GREENS ROAD

(Street)

HOUTSON TX 77067

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2025

3. Issuer Name and Ticker or Trading Symbol
NABORS INDUSTRIES LTD [ NBR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)	14,401(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Included in this balance, the reporting person holds a total of 9,558 outstanding unvested restricted shares. This amount includes 5 separate grants: (i) 686 unvested restricted shares granted on February 11, 2022 to vest on February 11, 2026; (ii) 1,134 unvested restricted shares granted on February 15, 2023 to vest equally on February 15, 2026 and 2027; (iii) 603 unvested restricted shares granted on February 2023 to vest on February 15, 2026; (iv) 1,987 unvested restricted shares granted on February 19, 2024 to vest equally on February 19, 2026, 2027 and 2028; and (v) 5,148 unvested restricted shares granted on February 18, 2025 that vest in four equal annual installments beginning on February 18, 2026.

	/s/ Mark D. Andrews by Power of Attorney for Miguel Angel Rodriguez Rodriguez	10/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many NBR shares did the CFO report owning on Form 3?

The CFO reported beneficial ownership of 14,401 common shares, held directly.

Does the total include unvested restricted shares for NBR?

Yes. The total includes 9,558 unvested restricted shares spanning five grants and specified vesting dates.

What is the event date for the CFO’s reported NBR holdings?

The event date is 10/01/2025.

What are the key vesting dates disclosed for the restricted shares?

Disclosed vesting dates include Feb 11, 2026; Feb 15, 2026 and 2027; Feb 19, 2026, 2027, 2028; and installments beginning Feb 18, 2026.

Is the CFO’s NBR ownership direct or indirect?

The filing states the ownership is Direct (D).

Which company and ticker does the filing relate to?

The filing relates to Nabors Industries Ltd. (NBR).