Director Charles Sledge converts RSUs at Noble Corp plc (NE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noble Corp plc director Charles M. Sledge reported equity compensation activity on February 3, 2026. He acquired 4,867 A Ordinary Shares at $0 upon the exercise of restricted stock units, bringing his directly held stake to 34,894 A Ordinary Shares.
On the same date, 3,246 restricted stock units were settled in cash at $36.43 per share for an aggregate $118,251.78. The RSUs vest one year from grant and pay 60% in shares and 40% in cash at vesting. The filing also lists 4,167 A Ordinary Shares reported as indirectly owned through a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,113 shares exercised/converted
Mixed
4 txns
Insider
SLEDGE CHARLES M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,867 | $36.43 | $177K |
| Exercise | Restricted Stock Units | 3,246 | $0.00 | -- |
| Exercise | A Ordinary Shares | 4,867 | $0.00 | -- |
| holding | A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 11,500 shares (Direct);
A Ordinary Shares — 34,894 shares (Direct);
A Ordinary Shares — 4,167 shares (Indirect, Daughter)
Footnotes (1)
- These shares are held by a child of the Reporting Person. The Reporting Person may be deemed to have beneficial ownership of the securities held by the child. Reflects loss of beneficial ownership with respect to 4,167 shares held by an adult child of the Reporting Person. Upon vesting, each restricted stock unit (RSU) will become payable 60% in A Ordinary Shares on a 1 for 1 basis and 40% in cash based on the cash value of the underlying A Ordinary Shares on the date of vesting. The restricted stock units (RSU) vest one year from the date of grant. Restricted stock units settled in cash at $36.43 for an aggregate amount of $118,251.78.
FAQ
What insider transaction did Noble Corp (NE) director Charles M. Sledge report?
Charles M. Sledge reported vesting of restricted stock units on February 3, 2026. He received 4,867 A Ordinary Shares for $0 and had additional RSUs settled in cash, reflecting routine equity compensation rather than an open-market share purchase or sale.
What restricted stock unit activity did Noble Corp (NE) disclose for Charles M. Sledge?
On February 3, 2026, 4,867 restricted stock units were converted into A Ordinary Shares and delivered at $0 per share. Another 3,246 restricted stock units were settled in cash, consistent with the plan’s combined share-and-cash settlement structure described in the footnotes.
How were Noble Corp (NE) restricted stock units settled for Charles M. Sledge?
Upon vesting, each restricted stock unit becomes payable 60% in A Ordinary Shares and 40% in cash. In this filing, 3,246 RSUs were settled entirely in cash at $36.43 per share, producing an aggregate cash settlement of $118,251.78 for Sledge.
What is the vesting schedule for Noble Corp (NE) restricted stock units reported by Charles M. Sledge?
The filing states that the restricted stock units vest one year from the grant date. Once vested, each unit pays out partly in A Ordinary Shares and partly in cash, based on the share value on the vesting date, aligning compensation with Noble Corp’s share price.