Nabors Industries (NYSE: NBR) CFO reports tax-withholding share surrenders

Rhea-AI Filing Summary

Nabors Industries chief financial officer Miguel Angel Rodriguez reported two small tax-related share dispositions of company common stock. On February 18, 2026, 314 shares were surrendered at $71.91 per share to cover taxes on the vesting of 1,287 restricted shares, with the remaining vested shares retained. On February 19, 2026, 162 shares were similarly surrendered at $75.30 per share to cover taxes on the vesting of 663 restricted shares, and the remaining vested shares were also retained. After these tax-withholding dispositions, Rodriguez directly owned 44,839 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

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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)
02/18/2026

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	02/18/2026		F(1)		314(1)	D	$71.91	45,001	D
Common Stock	02/19/2026		F(2)		162(2)	D	$75.3	44,839	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. Reflects the number of shares surrendered to satisfy the tax withholding on the vesting of 1,287 shares of restricted stock on February 18, 2026. The remaining shares were retained by the executive.

2. Reflects the number of shares surrendered to satisfy the tax withholding on the vesting of 663 shares of restricted stock on February 19, 2026. The remaining shares were retained by the executive.

	/s/ Mark D. Andrews by Power of Attorney for Miguel Angel Rodriguez Rodriguez	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did NBR’s CFO report on this Form 4?

Nabors Industries’ CFO Miguel Angel Rodriguez reported two tax-withholding dispositions of common stock. He surrendered 314 shares on February 18, 2026, and 162 shares on February 19, 2026, both tied to the vesting of restricted stock awards.

Were Miguel Angel Rodriguez’s NBR share transactions open-market sales?

No, the transactions were not open-market sales. Both are coded “F,” indicating shares were surrendered to pay tax withholding on vesting restricted stock, rather than discretionary buying or selling in the market by the chief financial officer.

How many NBR shares did the CFO surrender for tax withholding?

The chief financial officer surrendered 314 shares on February 18, 2026, at $71.91 per share and 162 shares on February 19, 2026, at $75.30 per share, solely to satisfy tax obligations on restricted stock vesting.

What restricted stock vestings underlie the reported NBR share surrenders?

The 314 shares surrendered on February 18, 2026, relate to tax withholding on 1,287 vested restricted shares. The 162 shares surrendered on February 19, 2026, relate to tax withholding on 663 vested restricted shares, with remaining vested shares retained by the executive.

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

Following the reported tax-withholding dispositions, Miguel Angel Rodriguez directly owns 44,839 shares of Nabors Industries common stock, reflecting his updated direct beneficial ownership after the restricted stock vesting and related share surrenders.

What does transaction code “F” signify in this NBR Form 4 filing?

Transaction code “F” signifies payment of tax liability or exercise price by delivering securities. In this case, it means the CFO surrendered Nabors Industries shares to satisfy tax withholding due on vesting restricted stock awards, rather than selling shares for investment purposes.