What is Michael C. Linn’s Nabors Industries (NBR) share ownership after this grant?

After the restricted stock grant, Michael C. Linn directly holds 18,937 Nabors Industries shares. This total includes the 1,324 newly awarded restricted shares reported in the Form 4 insider transaction filing.

Nabors Industries (NYSE: NBR) director receives 1,324-share stock award

Q: Did Michael C. Linn buy Nabors Industries (NBR) shares in the open market?

No, the filing shows a grant, not an open-market purchase. Linn acquired 1,324 shares through a restricted stock award at a reported price of $0.00 per share, which is standard for equity compensation grants.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nabors Industries Ltd. director Michael C. Linn reported an acquisition of 1,324 shares of common stock through a restricted stock award. The grant was made at no cash cost per share and is scheduled to vest on the first anniversary of the grant date.

Following this award, Linn directly holds 18,937 shares of Nabors Industries common stock. This filing reflects a routine, compensation-related equity grant rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Linn Michael C

Role null

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

Holdings After Transaction: Common Stock — 18,937 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock grant: 1,324 shares Grant price: $0.00 per share Post-grant holdings: 18,937 shares

3 metrics

Restricted stock grant 1,324 shares Common Stock award on June 2, 2026

Grant price $0.00 per share Reported transaction price for the award

Post-grant holdings 18,937 shares Total common shares directly held after transaction

Key Terms

restricted stock award, vest, Form 4

3 terms

restricted stock award financial

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

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.

vest financial

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

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 07:39 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^*

Linn Michael C

(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	18,937	D

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 Michael C. Linn	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 Nabors Industries (NBR) disclose in this Form 4?

Nabors Industries reported a restricted stock award to director Michael C. Linn. He acquired 1,324 shares of common stock as a grant, with no cash paid per share, increasing his direct holdings and reflecting routine equity-based director compensation.

How many Nabors Industries (NBR) shares were granted to Michael C. Linn?

Michael C. Linn received a grant of 1,324 Nabors Industries common shares. The shares were awarded as restricted stock, not purchased in the open market, and formed part of his overall equity compensation as a company director.

When do Michael C. Linn’s restricted Nabors Industries (NBR) shares vest?

The restricted stock award to Michael C. Linn is scheduled to vest on the first anniversary of the grant date. Until vesting, the award remains subject to the company’s applicable restrictions and conditions described in the grant terms.

Did Michael C. Linn buy Nabors Industries (NBR) shares in the open market?

No, the filing shows a grant, not an open-market purchase. Linn acquired 1,324 shares through a restricted stock award at a reported price of $0.00 per share, which is standard for equity compensation grants.