Nabors Industries (NYSE: NBR) director gains 1,324-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHASE ANTHONY R reported acquisition or exercise transactions in this Form 4 filing.
Nabors Industries Ltd. director Anthony R. Chase received a grant of 1,324 shares of Common Stock as a restricted stock award. The shares were granted at no cash cost and are scheduled to vest on the first anniversary of the grant date. After this award, he directly holds 15,408 shares of Nabors Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHASE ANTHONY R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,324 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,408 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,324 shares
Grant price per share: $0.00 per share
Shares after transaction: 15,408 shares
+1 more
4 metrics
Restricted stock grant
1,324 shares
Common Stock awarded to director Anthony R. Chase
Grant price per share
$0.00 per share
Equity compensation, no cash paid by director
Shares after transaction
15,408 shares
Total direct holdings following the award
Vesting schedule
First anniversary of grant date
Restricted stock award vesting term from footnote
Key Terms
restricted stock award, Common Stock, grant/award acquisition, vest
4 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.
Common Stock financial
"1,324 shares of Common Stock as a restricted stock award"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
vest financial
"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.
FAQ
What insider transaction did NABORS INDUSTRIES LTD (NBR) report for Anthony R. Chase?
Nabors Industries reported that director Anthony R. Chase received a grant of 1,324 shares of Common Stock as a restricted stock award. The award was recorded at a price of $0.00 per share as part of his equity compensation.
Is the Anthony R. Chase Form 4 transaction for NBR a purchase or a grant?
The Form 4 shows a grant, not an open-market purchase. Code "A" indicates a grant or award acquisition, so the 1,324 shares of Nabors Industries common stock were issued to Chase as compensation rather than bought in the market.
Does the Anthony R. Chase Form 4 for NBR indicate any stock sales?
No stock sales are reported in this Form 4. The filing only shows an acquisition of 1,324 shares through a restricted stock grant, with no corresponding dispositions or open-market transactions disclosed for the reported date.