What is the nature of the 1,324-share award reported by John P. Kotts at NBR?

The 1,324-share award is classified as a grant, award, or other acquisition of Nabors Industries common stock. It is a restricted stock award scheduled to vest on the first anniversary of the grant date, making it part of his equity compensation.

Nabors Industries (NBR) director granted 1,324 restricted shares as equity compensation

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kotts John P reported acquisition or exercise transactions in this Form 4 filing.

Nabors Industries Ltd. director John P. Kotts reported a stock-based compensation grant of common shares. He received 1,324 shares of common stock as a grant or award at a stated price of $0.00 per share, described as a restricted stock award.

The restricted stock award is scheduled to vest on the first anniversary of the grant date. After this award, Kotts directly holds 13,339 common shares. The filing also includes an indirect holding entry through Kotts Capital Holdings Limited Partnership showing zero shares following the reported date, which serves as a position update rather than a new transaction.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kotts John P

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,324	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 13,339 shares (Direct, null); Common Stock — 0 shares (Indirect, By Kotts Capital Holdings Limited Partnership)

Footnotes (1)

[object Object]

Key Figures

Restricted shares granted: 1,324 shares Direct holdings after grant: 13,339 shares Grant price per share: $0.00 per share

3 metrics

Restricted shares granted 1,324 shares Common Stock grant to John P. Kotts

Direct holdings after grant 13,339 shares Common Stock held directly by John P. Kotts

Grant price per share $0.00 per share Stated price for restricted stock award

Key Terms

restricted stock award, grant, award, or other acquisition, indirect ownership

3 terms

restricted stock award financial

"The restricted stock award is scheduled to vest on the first anniversary"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

indirect ownership financial

"ownership_type: indirect, nature_of_ownership: By Kotts Capital Holdings Limited Partnership"

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 07:36 PM

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kotts John P

(Last)

(First)

(Middle)

C/O NABORS CORPORATE SERVICES, INC.

515 WEST GREENS RD., SUITE 1200

(Street)

HOUSTON

TEXAS

77067

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/02/2026		A⁽¹⁾		1,324⁽¹⁾	A	$0	13,339	D
Common Stock								0	I	By Kotts Capital Holdings Limited Partnership

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The restricted stock award is scheduled to vest on the first anniversary of the grant date.

	/s/ Mark D. Andrews by Power of Attorney for John P. Kotts	06/03/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did John P. Kotts report at Nabors Industries (NBR)?

John P. Kotts reported receiving 1,324 Nabors Industries common shares as a grant or award. This is a restricted stock award, not an open-market purchase, and reflects stock-based compensation rather than a cash transaction in the market.

How many Nabors Industries (NBR) shares does John P. Kotts hold after this Form 4?

After the reported award, John P. Kotts directly holds 13,339 Nabors Industries common shares. The filing also shows an indirect ownership line via Kotts Capital Holdings Limited Partnership with zero shares, indicating no remaining indirect position in that entity.

Did John P. Kotts buy or sell Nabors Industries (NBR) shares on the open market?

The filing does not show any open-market buys or sells by John P. Kotts. Instead, it reports an acquisition of 1,324 restricted shares as a grant or award with a stated price of $0.00 per share, indicating compensation rather than a market trade.

When do John P. Kotts’s restricted Nabors Industries shares vest?

The restricted stock award reported for John P. Kotts is scheduled to vest on the first anniversary of the grant date. Vesting means the shares become fully his over time, aligning his compensation with Nabors Industries’ long-term performance.