Noble Corporation Form 144: Insider Notice to Sell 29,729 Shares via Fidelity
Rhea-AI Filing Summary
Noble Corporation plc filed a Form 144 notice reporting a proposed sale of 29,729 Class A shares through Fidelity Brokerage Services LLC with an aggregate market value of $885,233.75. The filing lists the approximate date of sale as 09/08/2025 and identifies total Class A shares outstanding as 158,824,801, indicating the proposed sale represents a small fraction of outstanding stock. The securities listed were acquired via restricted stock vesting on 01/26/2025, 01/30/2025 and 02/03/2025 and are described as compensation. The filing states there were no securities sold in the past three months by the reporting person.
Positive
- Complete disclosure of proposed sale including broker, share count and aggregate market value
- Acquisition method specified as restricted stock vesting and labeled as compensation
- No sales in past three months reported by the person for whose account the securities are to be sold
Negative
- Ambiguous entry in the acquisition table showing "2004" under Amount of Securities Acquired, which is inconsistent and unclear
Insights
TL;DR: Routine insider sale filing; small position relative to outstanding shares, proceeds indicated.
The Form 144 documents a proposed sale of 29,729 Class A shares valued at $885,233.75, routed through a major broker. The shares were acquired through recent restricted stock vesting events and labeled as compensation, which suggests these are employee-originated holdings being monetized. The size of the sale versus total outstanding shares is immaterial on a company-wide basis. The filing includes explicit acquisition dates and payment nature but does not provide the seller's identity or post-sale holdings.
TL;DR: Compliance filing meets disclosure requirements but contains an ambiguous entry in the acquisition table.
The Form 144 supplies required broker, share count, market value and acquisition method (restricted stock vesting). That supports compliance with Rule 144 disclosure expectations. However, one acquisition row contains an unexplained value "2004" in the Amount of Securities Acquired column, which is inconsistent with surrounding rows and could reflect a data-entry issue needing clarification. The filer affirms no material nonpublic information and no sales in the prior three months.