Nabors Industries (NYSE: NBR) CFO gets stock grant and withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nabors Industries chief financial officer Miguel Angel Rodriguez Rodriguez reported two equity transactions in company common stock. On February 9, 2026, he acquired 3,905 shares through a restricted stock award at $0 per share, scheduled to vest in four equal annual installments starting one year after the grant date.
On February 11, 2026, 194 shares were disposed of in a tax-withholding transaction at $68.34 per share tied to the vesting of 686 restricted shares, with the remaining vested shares retained by the executive. Following these transactions, he directly owned 45,627 Nabors Industries common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rodriguez Rodriguez Miguel Angel
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 194 | $68.34 | $13K |
| Grant/Award | Common Stock | 3,905 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,627 shares (Direct)
Footnotes (1)
- The restricted stock award is scheduled to vest in four (4) equal annual installments beginning on the first anniversary of the date of the award. Reflects the number of shares surrendered to satisfy the tax withholding on the vesting of 686 shares of restricted stock on February 11, 2026. The remaining shares were retained by the executive.
FAQ
What insider transactions did Nabors Industries (NBR) CFO report on this Form 4?
The Nabors Industries CFO reported a grant of 3,905 restricted common shares and a tax-withholding disposition of 194 shares. The disposition related to the vesting of 686 restricted shares on February 11, 2026, with the remaining vested shares retained.
What are the vesting terms of the Nabors Industries (NBR) CFO’s restricted stock grant?
The 3,905-share restricted stock award to the Nabors Industries CFO vests in four equal annual installments. Vesting begins on the first anniversary of the grant date, creating a four-year vesting schedule tied to continued service with the company.