Nabors Industries director receives 1,056 options

Q: How many options did NBR director Anthony R. Chase receive?

Anthony R. Chase received 1,056 stock options on September 30, 2026, in lieu of his quarterly cash payment as a Nabors director.

Q: What are the exercise price and expiration date for Anthony R. Chase's NBR options?

The options have an exercise price of $78.12 per share and expire September 30, 2036. They were fully vested as of the September 30, 2026 grant date.

The options were fully vested on the grant date, with a $78.12 exercise price and a September 30, 2036 expiration date.

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Filing Sentiment

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Rhea-AI Filing Summary

Nabors Industries Ltd director Anthony R. Chase received 1,056 stock options on September 30, 2026, in lieu of the quarterly cash payment he would normally receive as a director. The foregone cash payment was $37,500; the number of options was calculated using a Black-Scholes valuation price of $35.51 per share. The options were fully vested on the grant date, have an exercise price of $78.12 per share, and expire September 30, 2036.

Insider Trade Summary

Grant/Award: 1,056 shares

Grant/Award 1 txn

Insider CHASE ANTHONY R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Options (Right to Buy) ^F1	1,056	$35.51	$37K

Holdings After Transaction: Stock Options (Right to Buy) — 1,056 contracts (Direct)

Footnotes (1)

F1. The Reporting Person elected to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The number of options was determined by dividing the foregone cash payment of $37,500 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $35.51 per share. The options are fully vested as of the date of grant, and have an exercise price of $78.12 per share, which is the market price of Nabors' common shares on the date of grant.

Key Figures

Stock options awarded: 1,056 options Foregone quarterly cash payment: $37,500 Black-Scholes valuation price: $35.51 per share +2 more

5 metrics

Stock options awarded 1,056 options Granted September 30, 2026

Foregone quarterly cash payment $37,500 Payment exchanged for the stock options

Black-Scholes valuation price $35.51 per share Used to determine the number of options on the grant date

Exercise price $78.12 per share Price to exercise the options

Expiration date September 30, 2036 Stock options

Key Terms

Black-Scholes valuation model, exercise price, fully vested

3 terms

Black-Scholes valuation model financial

"calculated in accordance with the Black-Scholes valuation model"

exercise price financial

"have an exercise price of $78.12 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

fully vested financial

"The options are fully vested as of the date of grant"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many options did NBR director Anthony R. Chase receive?

Anthony R. Chase received 1,056 stock options on September 30, 2026, in lieu of his quarterly cash payment as a Nabors director.

Why did Anthony R. Chase receive Nabors options instead of cash?

Chase elected to receive stock options in lieu of his quarterly cash payment. The foregone payment was $37,500, and the option count was calculated using a $35.51-per-share price under the Black-Scholes valuation model.

What are the exercise price and expiration date for Anthony R. Chase's NBR options?

The options have an exercise price of $78.12 per share and expire September 30, 2036. They were fully vested as of the September 30, 2026 grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/02/2026 - 09:15 AM Accepted by SEC EDGAR 10/02/2026 - 09:14 AM

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^*

CHASE ANTHONY 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)
09/30/2026

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)

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)
Stock Options (Right to Buy)	$78.12⁽¹⁾	09/30/2026		A⁽¹⁾		1,056⁽¹⁾		09/30/2026	09/30/2036	Common Stock	1,056	$35.51⁽¹⁾	1,056	D

Explanation of Responses:

1. The Reporting Person elected to receive stock options in lieu of the quarterly cash payment he would normally receive as a Nabors director. The number of options was determined by dividing the foregone cash payment of $37,500 by the option price on the date of grant calculated in accordance with the Black-Scholes valuation model, or $35.51 per share. The options are fully vested as of the date of grant, and have an exercise price of $78.12 per share, which is the market price of Nabors' common shares on the date of grant.

	/s/ Mark D. Andrews by Power of Attorney for Anthony R. Chase	10/01/2026
	** 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