Nabors Industries (NYSE: NBR) CFO gets stock grant and withholds shares

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.

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

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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^*

Rodriguez Rodriguez Miguel Angel

(Last) (First) (Middle)

C/O NABORS CORPORATE SERVICES, INC.

515 W. GREENS ROAD

(Street)

HOUSTON TX 77067

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		A(1)		3,905(1)	A	$0	45,821	D
Common Stock	02/11/2026		F(2)		194(2)	D	$68.34	45,627	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

	/s/ Mark D. Andrews by Power of Attorney for Miguel Angel Rodriguez Rodriguez	02/11/2026
	** 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.
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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.

How many Nabors Industries (NBR) shares does the CFO own after these transactions?

After the reported transactions, the Nabors Industries chief financial officer directly owns 45,627 common shares. This figure reflects the 3,905-share restricted stock grant and the 194-share tax-withholding disposition reported for February 2026 on the Form 4.

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.

Was the Nabors Industries (NBR) CFO’s 194-share disposition an open-market sale?

The 194-share disposition was not an open-market sale; it was a tax-withholding transaction. Shares were surrendered to satisfy tax obligations arising from the vesting of 686 restricted shares on February 11, 2026, while the remaining vested shares were kept.

At what price were the Nabors Industries (NBR) CFO’s tax-withholding shares valued?

The 194 shares surrendered by the Nabors Industries CFO for tax withholding were valued at $68.34 per share. This price applied specifically to the February 11, 2026 tax-withholding disposition related to vesting restricted stock.