Nabors (NYSE: NBR) CFO covers tax bill by surrendering shares

Rhea-AI Filing Summary

Nabors Industries’ chief financial officer Miguel Angel Rodriguez Rodriguez reported automatic share dispositions tied to restricted stock vesting. On February 15, 2026, a total of 312 common shares were surrendered at $68.10 per share to satisfy tax withholding on the vesting of 603 and 567 restricted shares, while the remaining vested shares were retained.

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)
02/15/2026

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	02/15/2026		F(1)		175(1)	D	$68.1	45,452	D
Common Stock	02/15/2026		F(2)		137(2)	D	$68.1	45,315	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 603 shares of restricted stock on February 15, 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 567 shares of restricted stock on February 15, 2026. The remaining shares were retained by the executive.

	/s/ Mark D. Andrews by Power of Attorney for Miguel Angel Rodriguez Rodriguez	02/17/2026
	** 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 Nabors Industries (NBR) report for its CFO?

Nabors Industries (NBR) reported that its CFO, Miguel Angel Rodriguez Rodriguez, surrendered 312 shares of common stock on February 15, 2026. These shares were used to cover tax withholding obligations arising from the vesting of previously granted restricted stock, rather than an open-market sale.

How many Nabors Industries (NBR) shares did the CFO surrender for taxes?

The CFO of Nabors Industries (NBR) surrendered 312 common shares in total, split into 175 and 137 shares. These dispositions were executed at $68.10 per share to satisfy tax withholding on vesting restricted stock awards, according to the Form 4 filing footnotes.

Were the Nabors Industries (NBR) CFO’s Form 4 transactions open-market sales?

No, the Nabors Industries (NBR) CFO’s transactions were not open-market sales. The Form 4 identifies code F transactions, described as payment of tax liability by delivering securities, meaning shares were automatically surrendered to cover withholding on restricted stock vesting, with remaining shares retained.

What restricted stock vesting triggered the Nabors Industries (NBR) CFO share surrender?

The share surrender for Nabors Industries (NBR) related to two restricted stock vestings on February 15, 2026. Footnotes state 603 restricted shares and 567 restricted shares vested, and a portion of each grant’s shares was surrendered to satisfy associated tax withholding obligations.

How many shares did the Nabors Industries (NBR) CFO retain after the tax-withholding dispositions?

After the tax-withholding dispositions, the Form 4 shows the CFO with 45,315 common shares in one line. Footnotes clarify only a portion of vested restricted shares was surrendered for taxes, with the balance of those vested shares retained by the executive as ongoing equity ownership.

What transaction code appears on the Nabors Industries (NBR) CFO’s Form 4?

The Nabors Industries (NBR) CFO’s Form 4 uses transaction code F for both entries. Code F is described as payment of exercise price or tax liability by delivering securities, indicating an automatic tax-withholding disposition rather than discretionary buying or selling in the open market.