Was the June 2026 James R. Crane share grant in NBR an open-market purchase?

No, the 1,324-share transaction for James R. Crane was coded as a grant or award at a price of $0.0000 per share. This indicates a compensation-related issuance rather than an open-market purchase of Nabors Industries stock.

Nabors Industries (NBR) director granted 1,324 restricted shares in equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

CRANE JAMES R reported acquisition or exercise transactions in this Form 4 filing.

Nabors Industries Ltd. director James R. Crane reported receiving a grant of 1,324 shares of common stock as compensation. The shares were awarded at no cash cost per share and are structured as restricted stock. After this grant, Crane holds 18,937 shares directly.

The award is scheduled to vest on the first anniversary of the grant date, meaning the shares will fully transfer to him over the next year if vesting conditions are met. This filing reflects a routine equity-based compensation grant rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CRANE JAMES R

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)

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Key Figures

Restricted stock grant: 1,324 shares Grant price: $0.0000 per share Post-transaction holdings: 18,937 shares +2 more

5 metrics

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

Grant price $0.0000 per share Equity compensation, not open-market purchase

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

Vesting period One year Restricted stock vests on first anniversary of grant date

Transaction type Grant, award, or other acquisition SEC code A, non-derivative acquisition

Key Terms

restricted stock award, vest, Grant, award, or other acquisition, Form 4

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.

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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.

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 07:31 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^*

CRANE JAMES R

(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 James R. Crane	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 LTD (NBR) report for James R. Crane?

Nabors Industries reported that director James R. Crane received a grant of 1,324 shares of common stock. This is an equity compensation award, not an open-market trade, and increases his direct holdings to 18,937 shares after the transaction.

How many Nabors Industries (NBR) shares does James R. Crane hold after this Form 4?

Following the 1,324-share restricted stock grant, James R. Crane directly holds 18,937 shares of Nabors Industries common stock. This total reflects his position after the reported acquisition and helps show the relative size of the award compared with his overall holdings.

When do James R. Crane’s new NBR restricted shares vest?

The restricted stock award granted to James R. Crane is scheduled to vest on the first anniversary of the grant date. Until vesting, the shares are subject to restrictions, after which they become fully owned if all vesting conditions are satisfied.

Does Nabors Industries (NBR) Form 4 indicate any stock sales by James R. Crane?

The Form 4 shows no stock sales by James R. Crane. It reports only one acquisition transaction, a grant of 1,324 restricted shares, with no corresponding dispositions or open-market selling activity disclosed in this filing.